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    • Legislation USA
    • New York Laws
    • ISC - Insurance
    • Article 77 - The Life and Health Insurance Company Guaranty Corporation of New York Act
    • 7706 - Creation of the Corporation.

    New York Laws
    Article 77 - The Life and Health Insurance Company Guaranty Corporation of New York Act
    7706 - Creation of the Corporation.

    (1) the health insurance account; and
    (2) the life insurance, annuity and funding agreement account.
    (b) The corporation shall come under the immediate supervision of the
    superintendent and shall be subject to the applicable provisions of this
    article.

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    Structure New York Laws

    New York Laws

    ISC - Insurance

    Article 77 - The Life and Health Insurance Company Guaranty Corporation of New York Act

    7701 - Short Title.

    7702 - Purpose.

    7703 - Scope.

    7704 - Construction.

    7705 - Definitions.

    7706 - Creation of the Corporation.

    7707 - Board of Directors.

    7708 - Powers and Duties of the Corporation.

    7709 - Assessments.

    7710 - Plan of Operation.

    7711 - Powers of the Superintendent and the Board of Directors.

    7712 - Credits for Assessments Paid.

    7713 - Miscellaneous Provisions.

    7714 - Examination of the Corporation; Annual Report.

    7715 - Tax Exemptions.

    7716 - Immunity and Indemnification.

    7717 - Stay of Proceedings; Reopening Default Judgments.

    7718 - Prohibited Advertisement of the Corporation in Sale of Insurance.

    7719 - Resolution Facility.

    7720 - Penalties.

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