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

7701 - Short Title. - § 7701. Short title. This article shall be known and...

7702 - Purpose. - § 7702. Purpose. The purpose of this article is to...

7703 - Scope. - (2) Except as otherwise provided in this section, this article...

7704 - Construction. - § 7704. Construction. This article shall be liberally construed to...

7705 - Definitions. - (a) "Account" means any of the two accounts created under...

7706 - Creation of the Corporation. - (1) the health insurance account; and (2) the life insurance,...

7707 - Board of Directors. - (b) In approving selections or in appointing members to the...

7708 - Powers and Duties of the Corporation. - (a) (1) If a domestic insurer is an impaired or...

7709 - Assessments. - (b) There shall be three classes of assessments, as follows:...

7710 - Plan of Operation. - (2) If the corporation fails to submit a suitable plan...

7711 - Powers of the Superintendent and the Board of Directors. - (a) The superintendent may suspend or revoke, after notice and...

7712 - Credits for Assessments Paid. - (b) The maximum authorized credit for each company in respect...

7713 - Miscellaneous Provisions. - (b) The corporation shall maintain records of all negotiations and...

7714 - Examination of the Corporation; Annual Report. - § 7714. Examination of the corporation; annual report. The corporation...

7715 - Tax Exemptions. - § 7715. Tax exemptions. The corporation shall be exempt from...

7716 - Immunity and Indemnification. - § 7716. Immunity and indemnification. No director, officer, agent or...

7717 - Stay of Proceedings; Reopening Default Judgments. - § 7717. Stay of proceedings; reopening default judgments. All proceedings...

7718 - Prohibited Advertisement of the Corporation in Sale of Insurance. - § 7718. Prohibited advertisement of the corporation in sale of...

7719 - Resolution Facility. - (b) To the extent that the provisions of the not-for-profit...

7720 - Penalties. - (b) Any member insurer that fails to make any such...