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

Section 7007. Examinations

Latest version.

The superintendent may make an examination
  into the affairs of any captive  insurance  company  licensed  to  do  a
  captive insurance business in this state whenever it is deemed necessary
  for  the protection of the interests of the people of this state but the
  superintendent shall conduct at least one examination every five  years.
  Such  examinations  shall be conducted in accordance with the provisions
  of sections three hundred  ten,  three  hundred  eleven,  three  hundred
  twelve and three hundred thirteen of this chapter.

                    
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