N.Y. Comp. Codes R. & Regs. tit. 11 § 96.8

Current through Register Vol. 46, No. 53, December 31, 2024
Section 96.8 - Limit on account

Notwithstanding any other provision of this Part, except to the extent approved by the superintendent, at no time shall the balance of the surplus management account exceed the surplus of the insurance company as reported on its most recent annual statement.

N.Y. Comp. Codes R. & Regs. Tit. 11 § 96.8