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New York Codes Rules Regulations (Last Updated: March 27,2024) |
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TITLE 11. Insurance |
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Chapter III. Policy and Certificate Provisions |
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Subchapter B. Property and Casualty Insurance |
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Part 66. Surety Bond Forms--Waiver of the Filing and Prior Approval Requirements of Section 2307 of the Insurance Law |
Sec. 66.1. Waiver of requirement for filing and approval of surety bond forms
Latest version.
- (a) The requirement of Insurance Law section 2307(b) regarding the filing and approval of surety bond forms is hereby waived, except for bail bond forms.(b) Every insurer and charitable bail organization shall file for approval by the superintendent all contracts and other forms that are signed by or provided to an indemnitor or principal in connection with the issuance of a bail bond or depositing money or property as bail and shall only use approved contracts and forms.