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The Laws of New York
Consolidated Laws of New York
CHAPTER 28
Insurance
ARTICLE 17
Subsidiaries of Domestic Life Insurance Companies and Certain Other Entities
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SECTION 1714
Authority to conduct certain business directly instead of through subsidiary
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ARTICLE 17
Subsidiaries of Domestic Life Insurance Companies and Certain Other Entities
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SECTION 1716
Regulations
This entry was published on 2014-09-22
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SECTION 1715
Valuation of shares of subsidiaries
Insurance (ISC) CHAPTER 28, ARTICLE 17
§ 1715. Valuation of shares of subsidiaries. In determining the
financial condition of a parent corporation, all stock of its
subsidiaries (except subsidiaries acquired or held under section four
thousand two hundred forty of this chapter) shall be valued in
accordance with subsections (c), (f) and (g) of section one thousand
four hundred fourteen of this chapter. Stock of subsidiaries acquired or
held under section four thousand two hundred forty of this chapter shall
be valued as required by section four thousand two hundred forty of this
chapter.