New York Laws
Article 7 - Unclaimed Life Insurance Funds
704 - Life Insurance Departments of Savings and Insurance Banks.

ยง 704. Life insurance departments of savings and insurance banks. The
life insurance department of any savings and insurance bank shall be
regarded as a domestic life insurance corporation for the purposes of
this article and such savings and insurance banks shall comply with and
be subject to all the provisions of this article with respect to the
actions and transactions of such life insurance department.