ยง 1715. Valuation of shares of subsidiaries. In determining the
financial condition of a parent corporation, all stock of its
subsidiaries (except subsidiaries acquired or held under section four
thousand two hundred forty of this chapter) shall be valued in
accordance with subsections (c), (f) and (g) of section one thousand
four hundred fourteen of this chapter. Stock of subsidiaries acquired or
held under section four thousand two hundred forty of this chapter shall
be valued as required by section four thousand two hundred forty of this
chapter.
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.