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1318 - Deposits, Securities Eligible.

NY Ins L § 1318 (2019) (N/A)
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(b) Such deposit made by a foreign insurer may be in like securities of its home state if similar domestic insurers doing business in such state are permitted to deposit therein like securities of this state.

(c) If the aggregate market value of the securities on deposit shall fall below the required amount, the superintendent may require the depositing insurer to deposit sufficient additional securities of like character.

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1318 - Deposits, Securities Eligible.