N.Y. Insurance Law § 7416: Grounds for dissolution of domestic insurer

§ 7416. Grounds for dissolution of domestic insurer. The

superintendent may apply under this article for an order dissolving the

corporate existence of a domestic insurer: (i) upon his application for

an order of liquidation of its business, or at any time after such order

has been granted; or (ii) upon the grounds specified in subsection (m)

of section seven thousand four hundred two of this article, regardless

of whether an order of liquidation is sought or has been obtained.