New York Codes, Rules and Regulations
Title 11 - INSURANCE
Chapter IV - Financial Condition Of Insurer and Reports to Superintendent
Subchapter D - Reinsurance
Part 126 - Trust Agreements
Section 126.1 - Purpose
Universal Citation: 11 NY Comp Codes Rules and Regs ยง 126.1
Current through Register Vol. 46, No. 39, September 25, 2024
The department has recently reviewed the various conditions it has required in connection with the use of trust agreements and, by means of this Part, informs all licensed insurers that such agreements will not be acceptable to the department unless they meet certain required conditions.
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