New York Laws
Article 74 - Rehabilitation, Liquidation, Conservation and Dissolution of Insurers
7411 - Filing and Proving of Claims of Non-Residents Against Delinquent Insurers Domiciled in This State.

(b) (1) Controverted claims of claimants residing in reciprocal states
may either be proved in this state as provided by law, or, if ancillary
proceedings have been commenced in such reciprocal states, may be proved
in those proceedings.
(2) If a claimant elects to prove his claim in ancillary proceedings
and if notice of the claim and opportunity to appear and be heard is
afforded the domiciliary receiver of this state as provided in section
seven thousand four hundred twelve of this article with respect to
ancillary proceedings in this state, the final allowance of such claim
by the courts in the ancillary state shall be accepted in this state as
conclusive as to its amount, and as to its priority, if any, against
special deposits or other security located within the ancillary state.

Structure New York Laws

New York Laws

ISC - Insurance

Article 74 - Rehabilitation, Liquidation, Conservation and Dissolution of Insurers

7401 - Application of Article; Definitions.

7402 - Grounds for Rehabilitation of Domestic Insurer.

7403 - Order of Rehabilitation; Advances From Property/casualty Insurance Security Fund; Termination.

7404 - Grounds for Liquidation.

7405 - Order of Liquidation; Rights and Liabilities.

7406 - Grounds for Conservation of Assets of Foreign or Alien Insurer.

7407 - Order of Conservation or Ancillary Liquidation of a Foreign or Alien Insurer.

7408 - Uniform Insurers Liquidation Act; Title; Definitions.

7409 - Conduct of Delinquency Proceedings Against Insurers Domiciled in This State.

7410 - Conduct of Delinquency Proceedings Against Insurers Not Domiciled in This State.

7411 - Filing and Proving of Claims of Non-Residents Against Delinquent Insurers Domiciled in This State.

7412 - Filing and Proving of Claims of Residents Against Delinquent Insurers Domiciled in Reciprocal States.

7413 - Priority of Preferred Claims, Special Deposit Claims and Secured Claims.

7414 - Attachment and Garnishment of Assets.

7415 - Uniformity of Interpretation.

7416 - Grounds for Dissolution of Domestic Insurer.

7417 - Commencement of a Proceeding.

7418 - Service of Order to Show Cause.

7419 - Injunctions.

7420 - Annual Report.

7421 - Removal of Proceedings.

7422 - Appointment of Deputies; Employment of Assistants.

7423 - Exemption From Filing Fees.

7424 - Deposit of Monies Collected; Preference.

7425 - Voidable Transfers.

7427 - Offsets.

7428 - Disposition of Assets and Compromise of Claims.

7429 - Borrowing on the Pledge of Assets.

7430 - Levy of Assessments; Determination of Liability of Members.

7431 - Determination of Liability of Members for Other Indebtedness.

7432 - Adjudication of Insolvency of Insurer; Time to File Claims.

7433 - Proof and Allowance of Claims.

7433-A - Loan to Workers' Compensation Security Fund.

7434 - Distribution of Assets.

7435 - Distribution for Life Insurers.

7436 - Claims-Made Policies; Special Requirements.

7437 - Qualified Financial Contracts.