ยง 1707. Regulations to restrict pyramiding. The superintendent may
adopt regulations designed to prevent an insurer from pyramiding
subsidiaries to a degree that, in the judgment of the superintendent,
would be materially adverse to the interests of policyholders,
subscribers or the people of this state.
Structure New York Laws
Article 17 - Subsidiaries of Domestic Life Insurance Companies and Certain Other Entities
1701 - Authority to Invest in Subsidiaries; Businesses of Subsidiaries.
1703 - Standard of Care for Investments in Subsidiaries.
1704 - Exemptions Applicable to Subsidiaries; Limitations Generally.
1705 - Quantitative Limitations.
1706 - Exemptions Applicable to Parent Corporation.
1707 - Regulations to Restrict Pyramiding.
1709 - Confidentiality of Information Reports.
1710 - Divestiture of Control; Superintendent's Power to Order Disposition of Subsidiaries.
1711 - Subsidiary's Name Not to Mislead.
1712 - Relationships and Transactions Between Parent Corporation and Subsidiary.
1713 - Prohibitions on Investments of Subsidiaries.
1714 - Authority to Conduct Certain Business Directly Instead of Through Subsidiary.