Laws of New York (Last Updated: November 21, 2014)

Section 1316. Voluntary deposits

Latest version.

The superintendent may receive from any
  authorized insurer a deposit required by or  pursuant  to  the  laws  of
  another  state  as a prerequisite to doing business in such other state,
  and may also receive from any insurer  any  additions  to  its  deposits
  which  are  reasonably necessary to maintain the aggregate value of such
  deposit at least equal to the amount required.

                    
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