New York Laws
Article 13 - Assets and Deposits
1310 - Impairment of a Stock Insurer.

(b) If any foreign stock insurer authorized to do business in this
state is found to be impaired, the superintendent may, after notice and
hearing, order such insurer not to issue during such time as he
prescribes any new policies in this state, and may, after notice and
hearing, revoke its license to transact business in this state.

Structure New York Laws