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New York Codes, Rules and Regulations


Section 901.7 - Reserves and supporting assets

Effective Date


901.7 Reserves and supporting assets. After release of funds held in escrow pursuant to Section 901.3 of this Part, the operator shall maintain reserves in accordance with the requirements established by the Superintendent of Insurance and as set forth in Part 350 of Chapter XIII, Title 11 (Insurance) of the Official Compilation of Codes, Rules and Regulations of the State of New York.