2019 New York Laws
ISC - Insurance
Article 72 - Domestication of the United States Branch of an Alien Insurer
7203 - Authorization and Execution of Domestication Agreement.

Universal Citation: NY Ins L § 7203 (2019)
§  7203.  Authorization  and execution of domestication agreement. (a)
Such domestication agreement shall  be  authorized,  adopted,  approved,
signed and acknowledged by the alien insurer pursuant to the laws of the
country where organized.

(b) Such agreement shall also be approved, adopted and authorized by the acquiring insurer's board of directors and executed by its president or any vice president and attested by its secretary or assistant secretary under its corporate seal, or, in the case of a foreign insurer, as otherwise provided in the laws of the state of its domicile.

Disclaimer: These codes may not be the most recent version. New York may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.