General Insurance Statutes of the State of New York: Including Alterations and Amendments to the Close of the Session of the Legislature of 1882, and Such of the General Statutes of the State Relating to Corporations and Joint-stock Companies, as are Applicable to Insurance Companies, References to Judicial Decisions, Explanatory Notes and a Table of Statutes and an IndexWeed, Parsons, 1883 - 319 pages |
From inside the book
Results 1-5 of 34
Page 11
... cash capital as additional security ; joint - stock companies may allow insured to participate in profits . 15. Word " Mutual " to appear on policies and renewals of mutual companies , and " Stock on those of stock companies . " " 16 ...
... cash capital as additional security ; joint - stock companies may allow insured to participate in profits . 15. Word " Mutual " to appear on policies and renewals of mutual companies , and " Stock on those of stock companies . " " 16 ...
Page 15
... cash , and notes of solvent parties , founded on actual and bona fide applications for insurance , shall have been received for the remainder ; nor shall any mutual insurance company in any other Mutual in- county of the State commence ...
... cash , and notes of solvent parties , founded on actual and bona fide applications for insurance , shall have been received for the remainder ; nor shall any mutual insurance company in any other Mutual in- county of the State commence ...
Page 19
... cash capital required to be possessed by stock companies organized under this act , the liability of each note decreasing proportionately as the profits are accumulated ; but any note which may have been deposited with any mutual ...
... cash capital required to be possessed by stock companies organized under this act , the liability of each note decreasing proportionately as the profits are accumulated ; but any note which may have been deposited with any mutual ...
Page 20
... cash premium by any person insured in such company ; but in no case shall the note be more than five times the whole amount Persons of the cash premium . And every person effecting insurance in effecting in- surance in any mutual ...
... cash premium by any person insured in such company ; but in no case shall the note be more than five times the whole amount Persons of the cash premium . And every person effecting insurance in effecting in- surance in any mutual ...
Page 21
... cash capital a cash capital to any extent , as an additional security to its mem - curity . bers , over and above their cash premiums and premium notes ; brovided , that such cash capital shall not be less than thirty thou- sand dollars ...
... cash capital a cash capital to any extent , as an additional security to its mem - curity . bers , over and above their cash premiums and premium notes ; brovided , that such cash capital shall not be less than thirty thou- sand dollars ...
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Other editions - View all
General Insurance Statutes of the State of New York: Including Alterations ... Charles G. Fairman No preview available - 2016 |
Common terms and phrases
action aforesaid amended by Laws amount ance annual statements apply appointed articles of association assessment assets attorney attorney-general authorized Bank Barb by-laws capital stock cash capital certificate chap charter company formed company incorporated company or association comptroller corporation creditors debts declaration deemed deposit directors dividends duty effect eighteen hundred election examination filed fire department fire insurance companies hereafter hereby insurance department invested joint-stock company laws of eighteen liabilities loaned loss or damage manner marine insurance ment mutual company mutual insurance notice oath paid pany par value PASSED April passed June payment penalty person poration powers premiums prescribed president proceedings profits property insured purpose real estate receiver reinsurance repealed risks scrip secretary securities special reserve fund specified stockholders superin superintendent surance surplus tendent therein thereof tion treasurer trustees violation vote York
Popular passages
Page 71 - It shall be lawful for any married woman, by herself, and in her name, or in the name of any third person, with his assent, as her trustee, to cause to be insured, for her sole use, the life of her husband for any definite period, or for the term of -his natural life; and in case of her surviving her husband...
Page 273 - To divide, withdraw, or in any manner, except as provided by law, pay to the stockholders, or any of them, any part of the capital stock of the corporation; or, 3.
Page 102 - Such as shall have been mortgaged to it in good faith, by way of security for loans previously contracted, or for moneys due, or, 3.
Page 274 - ... with intent to defraud, omits to make, or to cause or direct to be made, a full and true entry thereof in the books...
Page 27 - States, or any foreign government, for any of the purposes specified in this act, directly or indirectly to take risks or transact any business of insurance in this state, unless possessed of the amount of actual capital required of similar companies formed under the provisions of this act...
Page 192 - Dues from corporations shall be secured by such individual liability of the corporators and other means as may be prescribed by law.
Page 98 - Such persons shall file in the office of the Superintendent of the Insurance Department* a declaration, signed by all the corporators, expressing their intention to form...
Page 162 - ... and operations during the year ending on the thirty-first day of December immediately preceding, which annual report shall be in lieu of all other reports required by any other law.
Page 125 - An act to provide for the incorporation of life and health insurance companies, and in relation to agencies of such companies...
Page 274 - ... 3. Knowingly (a), concurs in making or publishing any written report, exhibit or statement of its affairs or pecuniary condition containing any material statement which is false, or (b), omits or concurs in omitting any statement required by law to be contained therein; or, 4.