N.Y. Ins. Law § 1718

Current through 2024 NY Law Chapter 456
Section 1718 - Expenses for group-wide supervision

A parent corporation shall be liable for and shall pay the reasonable expenses of the superintendent's participation in the administration of group-wide supervision of internationally active insurance groups, including the engagement of attorneys, actuaries, and any other professionals and all reasonable travel expenses.

N.Y. Ins. Law § 1718

Added by New York Laws 2023, ch. 344,Sec. 16, eff. 8/23/2023.