New York Insurance Law Article 15 - HOLDING COMPANIES

• 1501 - Definitions; Determinations.
  (a) In this article, unless the context shall otherwise require: (1) "Person" means an individual, partnership, firm, association, corporation, joint-stock company, trust, any similar entity...
• 1502 - Exemptions.
  (a) Notwithstanding any other provision of this article the following shall not be deemed holding companies: (1) authorized insurers, including alien insurers transacting business in...
• 1503 - Registration.
  (a) Every person who becomes a controlled insurer shall, within thirty days thereafter register with the superintendent and shall amend the registration within thirty days...
• 1504 - Reporting; Examination; Publication.
  (a) (1) Every controlled insurer shall file with the superintendent such reports or material as the superintendent may direct for the purpose of disclosing information...
• 1505 - Transactions Within a Holding Company System Affecting Controlled Insurers.
  (a) Transactions within a holding company system to which a controlled insurer is a party shall be subject to the following: (1) the terms shall...
• 1506 - Acquisition or Retention of Control of Insurers.
  (a) No person, other than an authorized insurer, shall acquire control of any domestic insurer, whether by purchase of its securities or otherwise, unless: (1)...
• 1507 - Management of Controlled Insurers.
  (a) Notwithstanding the control of an authorized insurer by any person, the insurer's officers and directors shall not thereby be relieved of any obligation or...
• 1508 - Acceptance of Reports Filed With Government Agencies.
  To the extent that any information or material is set forth in forms or other matter on file with any government agency or in a...
• 1509 - Prohibition of Indirect Action.
  No holding company or controlled person shall directly or indirectly or through another person do or cause to be done for or in behalf of...
• 1510 - Violations; Penalties; Jurisdiction Over Non-Domiciliaries.
  (a) In addition to any other penalty provided by law, the superintendent may, upon the wilful failure of any person within a holding company system...

Last modified: February 3, 2019