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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 IV. Financial Condition of Insurer and Reports to Superintendent |
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Subchapter A. Rules of General Application |
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Part 81. Subsidiaries of Insurance Companies |
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Subpart 81-1. Subsidiaries of Insurance Companies Subject to the Provisions of Section 1403(c) of the Insurance Law |
Sec. 81-1.0. Definitions
Latest version.
- (a) Executive officer means any individual charged with active management and control, in an executive capacity, including a president, vice-president, treasurer, secretary, comptroller and any other individual performing for a person, whether incorporated or unincorporated, functions corresponding to those performed by the foregoing officers.(b) Insurer means a domestic insurer subject to the provisions of section 1403(c) of the Insurance Law.(c) All other terms used herein shall have the same meanings prescribed in section 107 and article 16 of the Insurance Law unless the context otherwise requires.