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).