{"data":{"id":"us-ny/n.y.-insurance-law-7416","jurisdiction":"us-ny","citation":"N.Y. Insurance Law § 7416","heading":"Grounds for dissolution of domestic insurer","body":"§ 7416. Grounds for dissolution of domestic insurer. The\nsuperintendent may apply under this article for an order dissolving the\ncorporate existence of a domestic insurer: (i) upon his application for\nan order of liquidation of its business, or at any time after such order\nhas been granted; or (ii) upon the grounds specified in subsection (m)\nof section seven thousand four hundred two of this article, regardless\nof whether an order of liquidation is sought or has been obtained.","path":["Insurance Law","Article 74. Rehabilitation, Liquidation, Conservation and Dissolution of Insurers"],"source_url":"https://legislation.nysenate.gov/api/3/laws/ISC/7416","current_through":"2026-09-11","vintage":"","retrieved_at":"2026-09-14T19:32:45Z","sha256":"50584890e796fab26edd25d4d916275137e2662567036502bfc820b3ac49ffd5","source_id":"us-ny","stale":false,"prev":"us-ny/n.y.-insurance-law-7415","next":"us-ny/n.y.-insurance-law-7417"},"notice":"GroundRules: Original legal text. Not legal advice."}