New York Statutes
§ 1707 — Regulations to restrict pyramiding
New York·Law ISC Insurance·Art. 17 Subsidiaries of Domestic Life Insurance Companies and Certain Other Entities
§ 1707. Regulations to restrict pyramiding. The superintendent may\nadopt regulations designed to prevent an insurer from pyramiding\nsubsidiaries to a degree that, in the judgment of the superintendent,\nwould be materially adverse to the interests of policyholders,\nsubscribers or the people of this state.\n
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