N.Y. ISC Law § 7011
This is the official text of N.Y. ISC Law § 7011, 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.
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Exemption from compulsory associations
Official statutory text
§ 7011. Exemption from compulsory associations. No captive insurance\ncompany shall be permitted to join or contribute financially to any\nplan, pool, association, or guaranty or insolvency fund in this state,\nnor shall any captive insurance company, or its insured, or its parent\nor any affiliated company, or any member organization of its\nassociation, receive any benefit from any such plan, pool, association,\nor guaranty or insolvency fund for claims arising out of the operations\nof such captive insurance company.\n
Status: in_force · Read it on the official government site
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