New York Laws
ISC - Insurance
Article 66 - Co-Operative Property/casualty Insurance Companies

6601 - Scope of Article; Other Provisions. - (b) Except as otherwise specifically provided in this article, the...

6602 - Classification of Insurers; Foreign and Alien Insurers. - (b) (1) "Advance premium corporation" means an advance premium co-operative...

6603 - Incorporation of Co-Operative Property/casualty Insurance Companies. - (1) The proposed incorporators, who shall be natural persons not...

6604 - Organization of Advance Premium Corporations. - (1) It shall have, in order to be licensed to...

6605 - Organization of Assessment Corporations. - (1) It shall have not less than two hundred bona...

6606 - Reinsurance. - (2) Unless otherwise permitted by the superintendent, an assessment corporation...

6607 - Duration of Charter. - § 6607. Duration of charter. Subject to the provisions of...

6608 - Extension of Territory. - (b) The superintendent, upon application by any assessment corporation, may...

6609 - Policy Forms. - (2) Each form of policy issued by such a corporation...

6610 - Limitation of Risk. - (b) The maximum amount of insurance less reinsurance in other...

6611 - Records. - (2) Such records shall be available for inspection by any...

6612 - Rebating and Discrimination; Accounts and Statistics; Assessment Corporations. - § 6612. Rebating and discrimination; accounts and statistics; assessment corporations....

6613 - Limitation of Expenses; Co-Operative Property/casualty Insurance Companies. - (b) Management expenses shall include all the expenses of such...

6614 - Contingent Liability of Members; Advance Premium Corporations. - (b) The contingent liability of a member of an advance...

6615 - Annual Assessments; Borrowed Money. - (2) If issuing policies on but one class of property,...

6616 - Extraordinary Assessments; Assessment Corporations. - (b) Any assessment corporation if issuing policies on but one...

6617 - Notice of Assessment; Assessment Corporations. - (b) Such notice may be given personally, by an agent,...

6618 - Suits to Recover Assessments. - (b) In any such action the corporation may recover, in...

6619 - Special Reserve or Emergency Funds; Co-Operative Property/casualty Insurance Companies. - (2) Any deposit with accretions thereon made pursuant to any...

6620 - Non-Assessable Policies; Advance Premium Corporations. - (1) If authorized to issue non-assessable policies prior to the...

6621 - Unabsorbed Portions of Premium Payments. - (b) In authorizing any such return of unabsorbed portion of...

6622 - Refunds From Surplus; Assessment Corporations. - (b) In authorizing any such distribution the board of directors...

6623 - Investments. - (b) The minimum capital investments of a domestic insurer as...

6624 - Voting by Members and Meetings of Boards of Directors; Co-Operative Property/casualty Insurance Companies. - (b) (1) The board of directors of every co-operative property/casualty...

6625 - Merger; Consolidation. - (b) Two or more assessment corporations licensed to do business...

6626 - Qualification of Membership. - (b) Any officer, trustee, board member, or legal representative of...