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  • SECTION 1717
    Registration
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  • ARTICLE 17
    Subsidiaries of Domestic Life Insurance Companies and Certain Other Entities
    • This entry was published on 2023-08-25
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    SECTION 1718

    Expenses for group-wide supervision

    Insurance (ISC) CHAPTER 28, ARTICLE 17

    § 1718. Expenses for group-wide supervision. A parent corporation
    shall be liable for and shall pay the reasonable expenses of the
    superintendent's participation in the administration of group-wide
    supervision of internationally active insurance groups, including the
    engagement of attorneys, actuaries, and any other professionals and all
    reasonable travel expenses.