N.Y. Insurance Law 4313 – Applicability of other provisions of this chapter
§ 4313. Applicability of other provisions of this chapter. (a) Except as otherwise provided and except as the context otherwise requires, every medical expense indemnity corporation, dental expense indemnity corporation, health service corporation, and hospital service corporation shall be subject to all requirements of this chapter made applicable to insurance companies generally, and to the rules and regulations of the superintendent except in so far as said laws, rules and regulations may be inconsistent with other provisions of this article.
Terms Used In N.Y. Insurance Law 4313
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
(b) Every such corporation shall be subject to liquidation, dissolution or rehabilitation pursuant to the provisions of article seventy-four of this chapter, and such proceedings shall be under the supervision of the superintendent, who shall have such of the powers granted to him pursuant to the provisions of such article as are applicable to domestic insurance companies.
(c) Every such corporation shall be subject to the provisions of section two thousand six hundred sixteen of this chapter, relating to living organ and tissue donors.