There is a newer version
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the New York Laws
2019 New York Laws
ISC - Insurance
Article 17 - Subsidiaries of Domestic Life Insurance Companies and Certain Other Entities
1707 - Regulations to Restrict Pyramiding.
Universal Citation: NY Ins L § 1707 (2019)
§ 1707. Regulations to restrict pyramiding. The superintendent may adopt regulations designed to prevent an insurer from pyramiding subsidiaries to a degree that, in the judgment of the superintendent, would be materially adverse to the interests of policyholders, subscribers or the people of this state.
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