Statute · New York Insurance Law
N.Y. Ins. Law § 5516-d — Further transfer of association funds
N.Y. Ins. Law § 5516-d
- Type
- Statute
- Source
- New York Insurance Law
- Jurisdiction
- New York
- Current through
- Nov 5, 2026 (NY Senate Open Legislation)
§ 5516-d. Further transfer of association funds. Notwithstanding any other provision of law, the association and all officers and directors with responsibility for custody or investment of the association's assets are authorized and directed to further transfer and deposit six million dollars to…
Citator
N.Y. Ins. Law § 5516-d — Further transfer of association funds is in force in the current edition of the Code, and nothing recorded condemns it.
§ 5516-d. Further transfer of association funds. Notwithstanding any other provision of law, the association and all officers and directors with responsibility for custody or investment of the association's assets are authorized and directed to further transfer and deposit six million dollars to the credit of the medical assistance program general fund - local assistance account before January first, nineteen hundred ninety-six.