Organization and Corporate Procedure | Midpage

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New York Consolidated Laws

12

Organization and Corporate Procedure

1201Incorporation of stock or mutual insurance companies 1202Number of directors; independent directors and committees of the board of directors; duty of directors 1203Non-use of corporate charter 1204Sale of insurance securities 1205Existing corporations 1206Amendments to charters and increase of capital of insurance corporations 1207Options for the purchase of shares 1208Method of amending mutual company charters 1209Management and by-laws of mutual insurance corporations 1210By-laws of domestic stock life insurance companies 1211Mutual insurance corporations; membership and dividends 1212Service of process upon superintendent as attorney 1213Service of process on superintendent as attorney for unauthorized insurers 1214Acting for foreign corporation which has not designated superintendent as attorney 1215Forfeiture of office by director or trustee of a domestic mutual insurer 1216Notice of indemnification of directors and officers of insurance corporations 1217Vouchers for disbursements 1218Regulation of stock ownership, interlocking directors and common management 1219Misconduct by directors; insolvency 1220Misconduct by officers and directors of co-operative fire insurance companies and of fraternal benefit societies 1221Transactions by officers, directors and certain shareowners in the insurer's shares