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The Laws of New York
Consolidated Laws of New York
CHAPTER 28
Insurance
ARTICLE 72
Domestication of the United States Branch of an Alien Insurer
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SECTION 7202
Domestication of the United States branch of an alien insurer permitted
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ARTICLE 72
Domestication of the United States Branch of an Alien Insurer
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SECTION 7204
Approval by superintendent
This entry was published on 2014-09-22
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SECTION 7203
Authorization and execution of domestication agreement
Insurance (ISC) CHAPTER 28, ARTICLE 72
§ 7203. Authorization and execution of domestication agreement. (a)
Such domestication agreement shall be authorized, adopted, approved,
signed and acknowledged by the alien insurer pursuant to the laws of the
country where organized.

(b) Such agreement shall also be approved, adopted and authorized by
the acquiring insurer's board of directors and executed by its president
or any vice president and attested by its secretary or assistant
secretary under its corporate seal, or, in the case of a foreign
insurer, as otherwise provided in the laws of the state of its domicile.