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This entry was published on 2014-09-22
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SECTION 6608
Extension of territory
Insurance (ISC) CHAPTER 28, ARTICLE 66
§ 6608. Extension of territory. (a) The superintendent, upon
application by any advance premium corporation may issue a license
pursuant to section one thousand one hundred two of this chapter to such
corporation to do the business in counties additional to those in which
it is then authorized or in the entire state if such corporation is in
possession of a surplus to policyholders of one hundred thousand dollars
or more, and is maintaining full unearned premium reserves in accordance
with section one thousand three hundred five of this chapter.

(b) The superintendent, upon application by any assessment
corporation, may issue a license pursuant to section one thousand one
hundred two of this chapter to such corporation to do business in
adjoining counties additional to those in which it is then authorized or
in the entire state with the exception of the counties of New York,
Kings, Queens, Bronx and Richmond, if such corporation is in possession
of a surplus to policyholders of one hundred thousand dollars or more,
and is maintaining full unearned premium reserves in accordance with
section one thousand three hundred five of this chapter.

(c) Every license issued by the superintendent pursuant to this
section shall include the county in which the corporation to which it is
issued maintains its principal office.

(d) Applications made to the superintendent pursuant to this section
shall be in such form as he may by regulation require.