N.Y. Insurance Law § 6609: Policy forms

§ 6609. Policy forms. (a) (1) Every form of policy issued by any

co-operative property/casualty insurance company shall indicate in words

prominently displayed at the top of the first page, and in type of which

the face shall not be smaller than twelve point, that such policy is

issued on the co-operative plan.

(2) Each form of policy issued by such a corporation shall also

include on the page following that concluding the policy proper and

under appropriate caption all provisions of the corporation's by-laws,

whether required or permitted, relative to meetings of members, election

of directors, rights and obligations of members, extraordinary

assessments, and contingent liability.

(b) No policy form shall be delivered or issued for delivery by an

assessment corporation unless it has been filed by said assessment

corporation with the superintendent and he has approved it.

(c) The standard fire insurance policy, insofar as required for use by

domestic mutual property/casualty insurance companies by section three

thousand four hundred four of this chapter, shall also be required for

use by all co-operative property/casualty insurance companies, with such

modifications therein as shall be permitted by regulation of the

superintendent.

(d) Two or more advance premium corporations or two or more assessment

corporations may issue a combination policy, as provided for in section

three thousand four hundred four of this chapter, with such

modifications permitted by regulation of the superintendent, upon

property located in territory wherein all the participating corporations

named in such policy are licensed to do business.