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  4. Art. 16

Article 16
Subsidiaries of Domestic Property/casualty Insurance Companies and Certain Other Entities

Sections

1601
Authority to invest in subsidiaries
1602
Minimum ownership of subsidiaries' shares
1603
Notice of intent to acquire or divest
1604
Registration
1605
When corporation is deemed a subsidiary
1606
Valuation of shares of subsidiary
1607
Subsidiary's name not to mislead
1608
Relationships and transactions between parent and subsidiary
1609
Prohibitions on investments of subsidiaries
1610
Authority to conduct certain business directly instead of through subsidiary
1611
Aggregate limitations
1612
Regulations
1613
Expenses for group-wide supervision
1614
Confidentiality of reports and filings
 



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Location: https://newyork.public.law/laws/n.y._insurance_law_article_16

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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