PocketLaw | New York Laws | Subsidiaries of Domestic Life Insurance

Subsidiaries of Domestic Life Insurance Companies and Certain Other Entities

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Authority to Invest in Subsidiaries; Businesses of Subsidiaries.

Meaning of "Subsidiary", "Parent Corporation" and "Enterprise Risk"; Certain Types of Subsidiaries Defined.

Standard of Care for Investments in Subsidiaries.

Exemptions Applicable to Subsidiaries; Limitations Generally.

Quantitative Limitations.

Exemptions Applicable to Parent Corporation.

Regulations to Restrict Pyramiding.

Information Reports.

Confidentiality of Information Reports.

Divestiture of Control; Superintendent's Power to Order Disposition of Subsidiaries.

Subsidiary's Name Not to Mislead.

Relationships and Transactions Between Parent Corporation and Subsidiary.

Prohibitions on Investments of Subsidiaries.

Authority to Conduct Certain Business Directly Instead of Through Subsidiary.

Valuation of Shares of Subsidiaries.

Regulations.

Registration.