NEW YORK STATE
INSURANCE DEPARTMENT

SECOND AMENDMENT TO REGULATION NO. 52-A (11 NYCRR 80-2)

MINIMUM STANDARDS FOR PRODUCER-CONTROLLED INSURERS AND CONTROLLING PRODUCERS; DISCLOSURE REQUIREMENTS FOR CERTAIN OTHER PRODUCERS

I, Gregory V. Serio, Superintendent of Insurance of the State of New York, pursuant to the authority granted by Sections 201 and 301 of the Insurance Law, do hereby promulgate the following Second Amendment to Subpart 80-2 of Title 11 of the Official Compilation of Codes, Rules and Regulations of the State of New York (Regulation No. 52-A), to take effect upon publication in the State Register, to read as follows:

Section 80–2.6 of Subpart 80–2 is hereby repealed.

I, GREGORY V. SERIO, Superintendent of Insurance of the State of New York, do hereby certify that the foregoing is the Second Amendment to Subpart 80-2 of Title 11 (Regulation 52-A), promulgated by me on January 12, 2004, pursuant to the authority granted by Sections 201 and 301 of the Insurance Law, to take effect upon publication in the State Register.

Pursuant to the provisions of the State Administrative Procedure, prior notice of the proposed amendment was published in the State Register on November 5, 2003. No other publication or prior notice is required by statute.

 

__________________________________________

Gregory V. Serio
Superintendent of Insurance

Dated: January 12, 2004