Title ISC, Insurance

§ 8016. Prohibited transactions by officers, directors and employees.\nNo director, officer, agent or employee of the reorganizing insurer\nshall receive any fee, commission or other valuable consideration\nwhatsoever, other than regular salary and compensation, for in any\nmann…

§ 8017. Requirements applicable to a mutual holding company. (a) The\nfollowing provisions of this article are applicable to a mutual holding\ncompany:\n (1) the following provisions of article twelve of this chapter shall\napply to a mutual holding company as though it were a d…

§ 8018. Other requirements applicable to a stock holding company and a\nmutual holding company. (a) From and after the effective date of the\nplan, the mutual holding company shall hold, directly or through one or\nmore stock holding companies, at least fifty-one percent of the …

§ 8019. Conversion of mutual holding company. (a) A mutual holding\ncompany may reorganize in accordance with a plan of reorganization which\nis fair and equitable to the company's members and is:\n (1) adopted by action of three-fourths of its entire board of\ndirectors;\n (2) …

§ 8020. Transfers of subsidiaries. A reorganizing or reorganized\ninsurer may transfer any one or more of its subsidiaries to the mutual\nholding company or to one or more persons owned or controlled by the\nmutual holding company, provided the reorganizing or reorganized insure…

§ 8021. Limitations on accumulation of surplus of mutual holding\ncompanies. (a) A mutual holding company may maintain (1) a non-insurance\nsurplus not exceeding the aggregate capital and surplus of its insurance\nsubsidiaries and (2) aggregate capital and surplus of its insuran…

§ 9101. Definitions. In this article:\n (a) "Insurer" includes every corporation, firm, association,\nindividual or aggregation of individuals, by whatever name known, doing\nan insurance business in this state; and every such insurer shall be an\n"insurance corporation" within …

§ 9102. Allocation of premiums. In determining the amount of direct\npremiums taxable in this state, all such premiums written, procured, or\nreceived in this state shall be deemed written on property or risks\nlocated or resident in this state except such premiums properly\nall…

§ 9103. Tax return to be filed with superintendent; audit;\nexamination. (a) (1) Whenever this article requires an insurer to file a\ntax return, such return shall be subscribed by a responsible officer of\nsuch insurer and affirmed by such officer as true under the penalties of…

§ 9104. Fire insurance premium tax on foreign and alien insurers. (a)\nExcept in the cities of New York and Buffalo, there shall be paid by\nevery foreign and alien fire insurance corporation, association or\nindividuals which insure property against loss or damage by fire, exce…

§ 9105. Fire insurance premium tax; foreign mutual fire insurance\ncompanies. (a) (1) Every mutual fire insurance company or association\nauthorized to do business in this state pursuant to section four\nthousand one hundred eight of this chapter shall pay to the\nsuperintendent…

§ 9106. Exemptions from taxation. The following shall be exempt from\nthe payment of any taxes imposed under the provisions of this article:\n (a) the government of the United States, or of any state or\nmunicipality thereof, or any instrumentality of any such government\nwhich …

§ 9107. Fees. (a) In addition to any other fees provided for by law,\nthe following shall be due and payable to the superintendent:\n (1) for the initial filing by a domestic corporation of its\ndeclaration and charter, thirty dollars;\n (2) for filing by a foreign or alien insu…

§ 9108. Fire insurance fee. (a) Every insurance company authorized to\ndo business in this state shall collect, in addition to the applicable\npremium charge, a fire insurance fee, separately identified and charged\nto each policyholder, from each such holder of a policy issued …

§ 9109. Refunds and penalties. (a) (1) Whenever the superintendent is\nsatisfied that because of cancellations, some mistake of fact, error in\ncalculation, or erroneous interpretation of a statute of this or any\nother state, any authorized insurer or excess line broker has pai…

* § 9110. Motor vehicle law enforcement fee. (a) Every insurance\ncompany authorized to do business in this state shall annually collect,\nin addition to the applicable premium charge, a motor vehicle law\nenforcement fee charged to each holder of a policy issued in the state\no…

* § 9110. Temporary franchise tax on certain insurance companies. 1.\nImposition. (a) For the privilege of conducting business in this state\nand in addition to any other requirements therefor, every insurance\ncompany subject to the franchise tax imposed by subdivision (a) of\n…

* § 9111. Temporary franchise tax on certain insurance companies. 1.\nImposition. (a) For the privilege of conducting business in this state\nand in addition to any other requirements therefore, every insurance\ncompany subject to the franchise tax imposed by subdivision (a) of\…

* § 9111-a. Temporary franchise tax on certain insurance companies.\n(a) Imposition. (1) For the privilege of conducting business in this\nstate and in addition to any other requirements therefor, every\ninsurance company subject to the franchise tax imposed by subdivision\n(a) …

§ 9111-b. Temporary franchise tax on certain insurance companies. (a)\nImposition. (1) For the privilege of conducting business in this state\nand in addition to any other requirements therefor, every insurance\ncompany subject to the franchise tax imposed by subdivision (a) of\…

§ 9111-c. Temporary franchise tax on certain insurance companies. (a)\nImposition. (1) For the privilege of conducting business in this state\nand in addition to any other requirements therefor, every insurance\ncompany subject to the franchise tax imposed by subdivision (a) of\…

§ 9901. Time of taking effect. This chapter shall take effect on the\nfirst day of September next succeeding the date on which it shall have\nbecome a law.\n