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The Insurance Statutes of the State of New York
The Insurance Statutes of the State of New York Author:New York Subtitle: Being Chapter 690, Laws of 1892, as Amended to Date, Together With the General Corporation Law, the Stock Corporation Law, and Other Acts Applicable to Insurance Corporations General Books publication date: 2009 Original publication date: 1893 Original Publisher: The Diossy Law Book Company Subjects: Insurance law Corporation la... more »w Notes: This is a black and white OCR reprint of the original. It has no illustrations and there may be typos or missing text. When you buy the General Books edition of this book you get free trial access to Million-Books.com where you can select from more than a million books for free. Excerpt: ARTlCLE lll. Fire Insurance Corporations. Section 11o. Incorporation. 1n. Mutual fire insurance corporations. 112. Subscriptions to capital. 113. Capital stock notes and deposit notes. 114. May unite cash capital as an additional se curity. 115. Deposit notes and cash payments by members of mutual corporations. 116. Assessments in mutual corporations. 117. How surplus profits to be estimated. 118. Allowance of assets and estimation of liabilities upon examinations. 119. Liability of directors and corporators. 12o. What to appear on face of policy. 121. Standard fire insurance policy to be prescribed and used. 122. Payment of return premiums on cancellation of policy. 123. Cancellation of policies by receiver and issue of certificates of indebtedness. 124. Extension of joint-stock corporations. 125. Mutual may become joint-stock corporations. 126. Extension of term of charter. 127. Existing corporations may reincorporate. 128. Duration of charter. 129. Merger of fire insurance corporations. 13o. Guaranty and special reserve funds. 131. Funds, how invested. 132. Proceedings in case of extensive conflagrations. 133. Payment of tax by agents of foreign fire insur ance corporations to fire departments. 134. Undertaking of agents. 135. Penalty for refusal to pay. 136. Penalty for refusing to exhibit forei...« less