Legislation

Search OpenLegislation Statutes
This entry was published on 2014-09-22
The selection dates indicate all change milestones for the entire volume, not just the location being viewed. Specifying a milestone date will retrieve the most recent version of the location before that date.
SECTION 2346-A
Reduction in rates of certain commercial risk insurance premiums for real property
Insurance (ISC) CHAPTER 28, ARTICLE 23
§ 2346-a. Reduction in rates of certain commercial risk insurance
premiums for real property. The superintendent shall provide for an
actuarially appropriate reduction in the rates of premiums for certain
commercial risk insurance, as defined in subparagraph (A) of paragraph
forty-seven of subsection (a) of section one hundred seven of this
chapter, to a purchaser of such insurance and shall also provide such
reduction to a public entity as defined in paragraph fifty-one of
subsection (a) of section one hundred seven of this chapter for the loss
of or damage to real property fitted or retrofitted with hurricane
resistant laminated glass windows or doors. The superintendent shall by
regulation establish standards for hurricane resistant laminated glass
windows and doors, including the safe and secure installation thereof.