N.Y. ISC Law § 7404
This is the official text of N.Y. ISC Law § 7404, 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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Grounds for liquidation
Official statutory text
§ 7404. Grounds for liquidation. The superintendent may apply under\nthis article for an order directing the superintendent to liquidate the\nbusiness of a domestic insurer, or of the United States branch of an\nalien insurer having trusteed assets in this state, upon any of the\ngrounds specified in subsections (a) through (o) of section seven\nthousand four hundred two of this article, whether or not there has been\na prior order directing the superintendent to rehabilitate such insurer.\n
Status: in_force · Read it on the official government site
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