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2025 New York Laws
ISC - Insurance
Article 16 - Subsidiaries of Domestic Property/casualty Insurance Companies and Certain Other Entities
1613 - Expenses for Group-Wide Supervision.
Universal Citation:
NY Ins L § 1613 (2025)
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§ 1613. Expenses for group-wide supervision. An authorized domestic insurer shall be liable for and shall pay the reasonable expenses of the superintendent's participation in the administration of group-wide supervision of internationally active insurance groups, including the engagement of attorneys, actuaries, and any other professionals and all reasonable travel expenses.
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