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The Laws of New York
Consolidated Laws of New York
CHAPTER 28
Insurance
ARTICLE 13
Assets and Deposits
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SECTION 1315
Trusteed assets of alien insurers
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ARTICLE 13
Assets and Deposits
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SECTION 1317
Release of deposits
This entry was published on 2014-09-22
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SECTION 1316
Voluntary deposits
Insurance (ISC) CHAPTER 28, ARTICLE 13
§ 1316. Voluntary deposits. The superintendent may receive from any
authorized insurer a deposit required by or pursuant to the laws of
another state as a prerequisite to doing business in such other state,
and may also receive from any insurer any additions to its deposits
which are reasonably necessary to maintain the aggregate value of such
deposit at least equal to the amount required.