New York Codes, Rules and Regulations
Title 11 - INSURANCE
Chapter IV - Financial Condition Of Insurer and Reports to Superintendent
Subchapter B - Life Insurers
Part 96 - Surplus Management Account
Section 96.8 - Limit on account
Universal Citation: 11 NY Comp Codes Rules and Regs ยง 96.8
Current through Register Vol. 46, No. 39, September 25, 2024
Notwithstanding any other provision of this Part, except to the extent approved by the superintendent, at no time shall the balance of the surplus management account exceed the surplus of the insurance company as reported on its most recent annual statement.
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