The Life and Health Insurance Company Guaranty Corporation of New York Act | Midpage

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New York Consolidated Laws

77

The Life and Health Insurance Company Guaranty Corporation of New York Act

7701Short title 7702Purpose 7703Scope 7704Construction 7705Definitions 7706Creation of the corporation 7707Board of directors 7708Powers and duties of the corporation 7709Assessments 7710Plan of operation 7711Powers of the superintendent and the board of directors 7712Credits for assessments paid 7713Miscellaneous provisions 7714Examination of the corporation; annual report 7715Tax exemptions 7716Immunity and indemnification 7717Stay of proceedings; reopening default judgments 7718Prohibited advertisement of the corporation in sale of insurance 7719Resolution facility 7720Penalties