(b) If an insurer deemed insolvent pursuant to subsection (a) hereof
is a foreign or alien insurer, the superintendent may also revoke or
suspend its license to do business in this state.
Structure New York Laws
Article 13 - Assets and Deposits
1303 - Loss or Claim Reserves.
1305 - Unearned Premium Reserves.
1306 - Miscellaneous Liabilities.
1307 - Contingent Liability for Borrowings.
1308 - Reinsurance, When Permitted; Effect on Reserves.
1309 - Insolvency of an Insurer.
1310 - Impairment of a Stock Insurer.
1311 - Impairment of a Mutual or Reciprocal Insurer.
1312 - Trusteed Surplus of Alien Insurers; Impairment.
1314 - Deposits; Custody, Beneficiaries, Exchanges, Inspection and Income.
1315 - Trusteed Assets of Alien Insurers.
1318 - Deposits, Securities Eligible.
1319 - Deposits by Foreign Insurers.
1320 - Deposits by Alien Insurers; Statutory Deposits.
1321 - Commutation of Reinsurance Agreements.
1323 - Issuance of Capital Notes by Domestic Life Insurance Companies
1324 - Risk-Based Capital for Property/casualty Insurance Companies.