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N.Y. ISC Law § 7502

This is the official text of N.Y. ISC Law § 7502, 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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Definitions

Official statutory text

§ 7502. Definitions. In this article:\n (a) "Board" means the board of directors of The Life Insurance\nGuaranty Corporation.\n (b) "Assessment" means a payment made by a company into the guaranty\nfund.\n (c) "Contributor" means a company paying an assessment.\n (d) "Corporation" means "The Life Insurance Guaranty Corporation."\n (e) "Fund" means the guaranty fund provided by this article.\n (f) "Member company" means any domestic life insurance company having\na representative serving as a director upon the board of directors of\nthe corporation.\n (g) "Policies" means insurance policies; "contracts" means annuity\ncontracts; both terms include policies or contracts of reinsurance\nissued by a member company.\n

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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.