N.Y. ISC Law § 7416
This is the official text of N.Y. ISC Law § 7416, 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 dissolution of domestic insurer
Official statutory text
§ 7416. Grounds for dissolution of domestic insurer. The\nsuperintendent may apply under this article for an order dissolving the\ncorporate existence of a domestic insurer: (i) upon his application for\nan order of liquidation of its business, or at any time after such order\nhas been granted; or (ii) upon the grounds specified in subsection (m)\nof section seven thousand four hundred two of this article, regardless\nof whether an order of liquidation is sought or has been obtained.\n
Status: in_force · Read it on the official government site
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