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  • SECTION 1706
    Exemptions applicable to parent corporation
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  • ARTICLE 17
    Subsidiaries of Domestic Life Insurance Companies and Certain Other Entities
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  • SECTION 1708
    Information reports
    • This entry was published on 2014-09-22
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    SECTION 1707

    Regulations to restrict pyramiding

    Insurance (ISC) CHAPTER 28, ARTICLE 17

    § 1707. Regulations to restrict pyramiding. The superintendent may
    adopt regulations designed to prevent an insurer from pyramiding
    subsidiaries to a degree that, in the judgment of the superintendent,
    would be materially adverse to the interests of policyholders,
    subscribers or the people of this state.