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  4. Art. 12

Article 12
Organization and Corporate Procedure

Sections

1201
Incorporation of stock or mutual insurance companies
1202
Number of directors
1203
Non-use of corporate charter
1204
Sale of insurance securities
1205
Existing corporations
1206
Amendments to charters and increase of capital of insurance corporations
1207
Options for the purchase of shares
1208
Method of amending mutual company charters
1209
Management and by-laws of mutual insurance corporations
1210
By-laws of domestic stock life insurance companies
1211
Mutual insurance corporations
1212
Service of process upon superintendent as attorney
1213
Service of process on superintendent as attorney for unauthorized insurers
1214
Acting for foreign corporation which has not designated superintendent as attorney
1215
Forfeiture of office by director or trustee of a domestic mutual insurer
1216
Notice of indemnification of directors and officers of insurance corporations
1217
Vouchers for disbursements
1218
Regulation of stock ownership, interlocking directors and common management
1219
Misconduct by directors
1220
Misconduct by officers and directors of co-operative fire insurance companies and of fraternal benefit societies
1221
Transactions by officers, directors and certain shareowners in the insurer's shares
 



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Location: https://newyork.public.law/laws/n.y._insurance_law_article_12

Blank Outline Levels

The legislature occasionally skips outline levels. For example:

(3) A person may apply [...]
(4)(a) A person petitioning for relief [...]

In this example, (3), (4), and (4)(a) are all outline levels, but (4) was omitted by its authors. It's only implied. This presents an interesting challenge when laying out the text. We've decided to display a blank section with this note, in order to aide readability.

Trust but verify.

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