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0 chapters · 1,072 sections in this title.
N.Y. Insurance Law § 8016 Prohibited transactions by officers, directors and employees
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§ 8016. Prohibited transactions by officers, directors and employees. No director, officer, agent or employee of the reorganizing insurer shall receive any fee, commission or other valuable consideration whatsoever, other than regular salary and compensation, for in any manner a…
N.Y. Insurance Law § 8017 Requirements applicable to a mutual holding company
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§ 8017. Requirements applicable to a mutual holding company. (a) The following provisions of this article are applicable to a mutual holding company: (1) the following provisions of article twelve of this chapter shall apply to a mutual holding company as though it were a domest…
N.Y. Insurance Law § 8018 Other requirements applicable to a stock holding company and a mutual holding company
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§ 8018. Other requirements applicable to a stock holding company and a mutual holding company. (a) From and after the effective date of the plan, the mutual holding company shall hold, directly or through one or more stock holding companies, at least fifty-one percent of the iss…
N.Y. Insurance Law § 8019 Conversion of mutual holding company
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§ 8019. Conversion of mutual holding company. (a) A mutual holding company may reorganize in accordance with a plan of reorganization which is fair and equitable to the company's members and is: (1) adopted by action of three-fourths of its entire board of directors; (2) approve…
N.Y. Insurance Law § 8020 Transfers of subsidiaries
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§ 8020. Transfers of subsidiaries. A reorganizing or reorganized insurer may transfer any one or more of its subsidiaries to the mutual holding company or to one or more persons owned or controlled by the mutual holding company, provided the reorganizing or reorganized insurer o…
N.Y. Insurance Law § 8021 Limitations on accumulation of surplus of mutual holding companies
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§ 8021. Limitations on accumulation of surplus of mutual holding companies. (a) A mutual holding company may maintain (1) a non-insurance surplus not exceeding the aggregate capital and surplus of its insurance subsidiaries and (2) aggregate capital and surplus of its insurance …
N.Y. Insurance Law § 9101 Definitions
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§ 9101. Definitions. In this article: (a) "Insurer" includes every corporation, firm, association, individual or aggregation of individuals, by whatever name known, doing an insurance business in this state; and every such insurer shall be an "insurance corporation" within the m…
N.Y. Insurance Law § 9102 Allocation of premiums
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§ 9102. Allocation of premiums. In determining the amount of direct premiums taxable in this state, all such premiums written, procured, or received in this state shall be deemed written on property or risks located or resident in this state except such premiums properly allocat…
N.Y. Insurance Law § 9103 Tax return to be filed with superintendent; audit; examination
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§ 9103. Tax return to be filed with superintendent; audit; examination. (a) (1) Whenever this article requires an insurer to file a tax return, such return shall be subscribed by a responsible officer of such insurer and affirmed by such officer as true under the penalties of pe…
N.Y. Insurance Law § 9104 Fire insurance premium tax on foreign and alien insurers
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§ 9104. Fire insurance premium tax on foreign and alien insurers. (a) Except in the cities of New York and Buffalo, there shall be paid by every foreign and alien fire insurance corporation, association or individuals which insure property against loss or damage by fire, except …
N.Y. Insurance Law § 9105 Fire insurance premium tax; foreign mutual fire insurance companies
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§ 9105. Fire insurance premium tax; foreign mutual fire insurance companies. (a) (1) Every mutual fire insurance company or association authorized to do business in this state pursuant to section four thousand one hundred eight of this chapter shall pay to the superintendent on …
N.Y. Insurance Law § 9106 Exemptions from taxation
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§ 9106. Exemptions from taxation. The following shall be exempt from the payment of any taxes imposed under the provisions of this article: (a) the government of the United States, or of any state or municipality thereof, or any instrumentality of any such government which is no…
N.Y. Insurance Law § 9107 Fees
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§ 9107. Fees. (a) In addition to any other fees provided for by law, the following shall be due and payable to the superintendent: (1) for the initial filing by a domestic corporation of its declaration and charter, thirty dollars; (2) for filing by a foreign or alien insurer of…
N.Y. Insurance Law § 9108 Fire insurance fee
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§ 9108. Fire insurance fee. (a) Every insurance company authorized to do business in this state shall collect, in addition to the applicable premium charge, a fire insurance fee, separately identified and charged to each policyholder, from each such holder of a policy issued in …
N.Y. Insurance Law § 9109 Refunds and penalties
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§ 9109. Refunds and penalties. (a) (1) Whenever the superintendent is satisfied that because of cancellations, some mistake of fact, error in calculation, or erroneous interpretation of a statute of this or any other state, any authorized insurer or excess line broker has paid t…
N.Y. Insurance Law § 9110 Motor vehicle law enforcement fee
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* § 9110. Motor vehicle law enforcement fee. (a) Every insurance company authorized to do business in this state shall annually collect, in addition to the applicable premium charge, a motor vehicle law enforcement fee charged to each holder of a policy issued in the state or fo…
N.Y. Insurance Law § 9110*2 Temporary franchise tax on certain insurance companies
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* § 9110. Temporary franchise tax on certain insurance companies. 1. Imposition. (a) For the privilege of conducting business in this state and in addition to any other requirements therefor, every insurance company subject to the franchise tax imposed by subdivision (a) of sect…
N.Y. Insurance Law § 9111 Temporary franchise tax on certain insurance companies
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* § 9111. Temporary franchise tax on certain insurance companies. 1. Imposition. (a) For the privilege of conducting business in this state and in addition to any other requirements therefore, every insurance company subject to the franchise tax imposed by subdivision (a) of sec…
N.Y. Insurance Law § 9111-A Temporary franchise tax on certain insurance companies
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* § 9111-a. Temporary franchise tax on certain insurance companies. (a) Imposition. (1) For the privilege of conducting business in this state and in addition to any other requirements therefor, every insurance company subject to the franchise tax imposed by subdivision (a) of s…
N.Y. Insurance Law § 9111-B Temporary franchise tax on certain insurance companies
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§ 9111-b. Temporary franchise tax on certain insurance companies. (a) Imposition. (1) For the privilege of conducting business in this state and in addition to any other requirements therefor, every insurance company subject to the franchise tax imposed by subdivision (a) of sec…
N.Y. Insurance Law § 9111-C Temporary franchise tax on certain insurance companies
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§ 9111-c. Temporary franchise tax on certain insurance companies. (a) Imposition. (1) For the privilege of conducting business in this state and in addition to any other requirements therefor, every insurance company subject to the franchise tax imposed by subdivision (a) of sec…
N.Y. Insurance Law § 9901 Time of taking effect
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§ 9901. Time of taking effect. This chapter shall take effect on the first day of September next succeeding the date on which it shall have become a law.