New York Statutes
§ 7011 — Exemption from compulsory associations
§ 7011. Exemption from compulsory associations. No captive insurance\ncompany shall be permitted to join or contribute financially to any\nplan, pool, association, or guaranty or insolvency fund in this state,\nnor shall any captive insurance company, or its insured, or its parent\nor any affiliated company, or any member organization of its\nassociation, receive any benefit from any such plan, pool, association,\nor guaranty or insolvency fund for claims arising out of the operations\nof such captive insurance company.\n
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Nearby Sections
12
§ 7002
Definitions§ 7006
Annual report§ 7007
Examinations§ 7009
Investments§ 7010
Reinsurance§ 7012
Franchise taxes