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Article 15
Holding Companies

Sections

1501
Definitions
1502
Exemptions
1503
Registration
1504
Reporting
1505
Transactions within a holding company system affecting controlled insurers
1506
Acquisition or retention of control of insurers
1507
Management of controlled insurers
1508
Acceptance of reports filed with government agencies
1509
Prohibition of indirect action
1510
Violations
1511
Expenses for group-wide supervision
 



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Location: https://newyork.public.law/laws/n.y._insurance_law_article_15

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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