(b) Such index shall be kept current on a daily basis and shall be
available for public inspection during regular business hours. It shall
contain such information as the superintendent deems appropriate.
(c) Every such notice received by the superintendent shall become
effective on the date of entry thereof in such index and shall
constitute constructive notice to each insurer of the tax district's
claim against any proceeds payable pursuant to the provisions of any
insurance policy subject to the provisions of section three thousand
four hundred ten of this chapter.
(d) Upon a final determination of an insurer's obligation to pay any
proceeds of a policy of insurance for damages caused by fire to real
property, as such term is defined in section twenty-two of the general
municipal law, and prior to payment of such proceeds, each insurer or,
in the case of a policy purchased from an unauthorized insurer pursuant
to section two thousand one hundred five of this chapter, each insurer
or its adjusting representative, shall notify the enforcing officer of
each tax district in which the property is located and which is entered
in the index that a loss has been sustained and demand in writing by
registered or certified mail that such officer's certificate indicating
the amount of all liens of the district against the property, including
interest and penalties to the date of the certificate, be served, at a
specified address, in person or by registered or certified mail, upon
the insurer, or, in the case of a policy purchased from an unauthorized
insurer pursuant to section two thousand one hundred five of this
chapter, upon the insurer or its adjusting representative, within twenty
days from the date of receipt of such demand.
(e) Upon the failure of the enforcing officer to serve the certificate
of lien in accordance with subsection (d) hereof, the right of the tax
district to claim against any such proceeds shall terminate. Within ten
days of receipt of such certificate of lien the insurer shall pay to the
enforcing officer from such proceeds the amounts specified in the
certificate.
Structure New York Laws
Article 3 - Administrative and Procedural Provisions
301 - Regulations by Superintendent.
306 - Immunity From Prosecution.
307 - Annual Statements; Audited Financial Statements.
309 - Examinations of Insurers; When Authorized or Required.
310 - Examinations; How Conducted.
311 - Filing of Report on Examination.
312 - Report on Examination to Be Forwarded.
314 - Public Retirement and Pension Systems.
315 - Professional Malpractice or Misconduct; Reporting Requirements.
317 - Compliance With Reporting Requirements of the Financial Security Act.
318 - Reports of Fire Losses; Availability of Information.
319 - Release of Information Resulting From Insurers' Investigation of Fires.
320 - Records to Be Made Available by Organizations Subject to the Provisions of This Chapter.
321 - Medical Information Exchange Centers.
322 - Prohibited Referral Payment to Licensees by Motor Vehicle Repairers.
325 - Records of Domestic Insurers.
329 - Certificates as Evidence; Affirmation of Documents and Testimony.
330 - Rating Services Available to Other States.
331 - Superintendent to Maintain Index of Tax Districts; Insurers' Requirements.
335 - Implementation of Hospital Reimbursement Methodology.
336 - War Risk Exclusion; Notification.
337 - Annual Consumer Guide on Automobile Insurance.
339 - Colorectal Cancer Screening Notification.
340 - Report of Claims That May Result in a Monetary Award.
341 - Notification Regarding Qualified Health Insurance Plans.
342 - Public Awareness to Finance Long Term Care.
343 - Mental Health and Substance Use Disorder Parity Report.
344 - Mental Health and Substance Use Disorder Parity Compliance Programs.