New York Codes Rules Regulations (Last Updated: March 27,2024) |
TITLE 11. Insurance |
Chapter IV. Financial Condition of Insurer and Reports to Superintendent |
Subchapter D. Reinsurance |
Part 126. Trust Agreements |
Sec. 126.8. Exemptions
Latest version.
- The required conditions contained in this Part shall not apply to trust agreements:(a) established by an alien insurer pursuant to the provisions of section 1315 of the New York Insurance Law; or(b) entered into by unauthorized insurers pursuant to the provisions of:(1) sections 27.14 and section 27.15 of this Title (Regulation No. 41);(2) section 125.4 of this Title (Regulation No. 20); or(3) section 79.5 of this Title (Regulation No. 133).