N.Y. Comp. Codes R. & Regs. tit. 11 § 75.3

Current through Register Vol. 46, No. 51, December 18, 2024

Section 75.3 - Insurer certification form

(a) An insurer shall complete the Brownfield Tax Credit Certification Form. All fields must be completed and provided to the developer/insured upon request for use in submitting the information to the Department of Taxation and Finance in order to qualify for the tax credit for the insurance coverages provided pursuant to section 3447 of the Insurance Law. Such Brownfield Tax Credit Certification Form must be in the format contained in subdivision (c) of this section.

(b) Where a policy is issued on an excess line basis, the insurer shall cause the delivery of the completed form to the insured with a copy to the excess line broker.

(c) The format for the Brownfield Tax Credit Certification Form is as follows:

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N.Y. Comp. Codes R. & Regs. Tit. 11 § 75.3