Statute · New York Insurance Law
N.Y. Ins. Law § 1707 — Regulations to restrict pyramiding
N.Y. Ins. Law § 1707
- Type
- Statute
- Source
- New York Insurance Law
- Jurisdiction
- New York
- Current through
- Nov 5, 2026 (NY Senate Open Legislation)
§ 1707. Regulations to restrict pyramiding. The superintendent may adopt regulations designed to prevent an insurer from pyramiding subsidiaries to a degree that, in the judgment of the superintendent, would be materially adverse to the interests of policyholders, subscribers or the people of…
Citator
N.Y. Ins. Law § 1707 — Regulations to restrict pyramiding is in force in the current edition of the Code, and nothing recorded condemns it.
§ 1707. Regulations to restrict pyramiding. The superintendent may adopt regulations designed to prevent an insurer from pyramiding subsidiaries to a degree that, in the judgment of the superintendent, would be materially adverse to the interests of policyholders, subscribers or the people of this state.