N.Y. ISC Law § 1316
This is the official text of N.Y. ISC Law § 1316, part of New York’s ISC Law — part of the compiled statutory law of New York, published by the state as "ISC Law." Browse the sections below, each linked to its official government source.
Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.
Voluntary deposits
Official statutory text
§ 1316. Voluntary deposits. The superintendent may receive from any\nauthorized insurer a deposit required by or pursuant to the laws of\nanother state as a prerequisite to doing business in such other state,\nand may also receive from any insurer any additions to its deposits\nwhich are reasonably necessary to maintain the aggregate value of such\ndeposit at least equal to the amount required.\n
Status: in_force · Read it on the official government site
Need a lawyer in New York?
Find a New York lawyer
About this page: Statute text is reproduced from official government publishers via the
Open US Law dataset
(Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine
(Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.