2017 New York Laws
ISC - Insurance
Article 67 - Nonprofit Property/casualty Insurance Companies
6706 - Applicability of Other Provisions of This Chapter.

 6706. Applicability of other provisions of this chapter.  (a) Except
  as  otherwise  provided  in  this  article, where inconsistent with this
  article, or where the context otherwise requires, all of the  provisions
  of  this  chapter  and  the rules and regulations of the superintendent,
  relating  to  all  insurers  and  those  relating  to  property/casualty
  insurance  companies  transacting  the  same  kind or kinds of insurance
  shall be applicable to a nonprofit property/casualty  insurance  company
  organized  as  a  charitable  corporation as defined in paragraph (a) of
  section one hundred two (Definitions) of the not-for-profit  corporation
  law  and  formed pursuant to paragraph (a) of section two hundred one of
  the not-for-profit corporation law and licensed pursuant  to  subsection
  (b)  of  section  six thousand seven hundred four of this article. Where
  any of such provisions  of  law  refer  to  a  corporation,  company  or
  insurer, such references, when read in connection with and applicable to
  this  article,  shall  mean such a nonprofit property/casualty insurance
  company.
(b) Except as otherwise provided in this article,  where  inconsistent
  with  this  article, or where the context otherwise requires, all of the
  provisions of  this  chapter  and  the  rules  and  regulations  of  the
  superintendent,   relating   to  all  insurers  and  those  relating  to
  reciprocal insurers transacting the same  kind  or  kinds  of  insurance
  shall  be  applicable to a nonprofit property/casualty insurance company
  organized as a reciprocal insurer pursuant to article sixty-one of  this
  chapter  and licensed pursuant to subsection (c) of section six thousand
  seven hundred four of this article. Where any of such provisions of  law
  refer  to  a corporation, company or insurer, such references, when read
  in connection with and applicable to this article,  shall  mean  such  a
  nonprofit property/casualty insurance company.
(c)  (1)  Every nonprofit property/casualty insurance company shall be
  subject to liquidation, dissolution or rehabilitation  pursuant  to  the
  provisions  of article seventy-four of this chapter, and such proceeding
  shall be under the supervision of the  superintendent,  who  shall  have
  such  powers  granted  pursuant to the provisions of such article as are
  applicable to domestic insurance companies.
(2) Articles ten, eleven and twelve of the not-for-profit  corporation
  law shall not apply to nonprofit property/casualty insurance companies.