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Section 283. Notwithstanding paragraph (b) of section two hundred eighty-two, the Co… - Insurance Code (usually included in commercial codals)

Section 283. Notwithstanding paragraph (b) of section two hundred eighty-two, the Co… of Insurance Code (usually included in commercial codals). Section 283. Notwithstanding paragraph (b) of section two hundred eighty-two, the Commissioner may determine after notice and opportunity to be h

  • Subjects 9 Bar syllabus groups
  • Codals 48 Primary legal sources

Insurance Code (usually included in commercial codals)

Section 283. Notwithstanding paragraph (b) of section two hundred eighty-two, the Commissioner may determine after notice and opportunity to be heard, that a person exercises directly or indirectly either alone or pursuant to an agreement with one or more other persons such a controlling influence over the management or policies of an authorized insurer as to make it necessary or appropriate in the public interest or for the protection of policyholders or stockholders of the insurer that the person be deemed to control the insurer.

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