N.Y. Insurance Law § 6608: Extension of territory

§ 6608. Extension of territory. (a) The superintendent, upon

application by any advance premium corporation may issue a license

pursuant to section one thousand one hundred two of this chapter to such

corporation to do the business in counties additional to those in which

it is then authorized or in the entire state if such corporation is in

possession of a surplus to policyholders of one hundred thousand dollars

or more, and is maintaining full unearned premium reserves in accordance

with section one thousand three hundred five of this chapter.

(b) The superintendent, upon application by any assessment

corporation, may issue a license pursuant to section one thousand one

hundred two of this chapter to such corporation to do business in

adjoining counties additional to those in which it is then authorized or

in the entire state with the exception of the counties of New York,

Kings, Queens, Bronx and Richmond, if such corporation is in possession

of a surplus to policyholders of one hundred thousand dollars or more,

and is maintaining full unearned premium reserves in accordance with

section one thousand three hundred five of this chapter.

(c) Every license issued by the superintendent pursuant to this

section shall include the county in which the corporation to which it is

issued maintains its principal office.

(d) Applications made to the superintendent pursuant to this section

shall be in such form as he may by regulation require.