New York Codes, Rules and Regulations
Title 11 - INSURANCE
Chapter III - Policy and Certificate Provisions
Subchapter B - Property and Casualty Insurance
Part 69 - Mortgage Pool Insurance
Section 69.2 - Substitutions
Universal Citation: 11 NY Comp Codes Rules and Regs ยง 69.2
Current through Register Vol. 46, No. 12, March 20, 2024
(a) For a policy providing mortgage pool insurance issued prior to January 11, 1995, there shall be no additions to or substitutions in a pool of mortgages after one year following the issuance of the policy.
(b) For a policy providing mortgage pool insurance issued on or after January 11, 1995, there shall be no additions to or substitutions in a pool of mortgages after two years following the issuance of the policy.
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