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S. 7764(Seward)/A. 111974(Morelle)

Annual Statements, Life Companies

Summary:  The bill amends Insurance Law § 4233 to establish new life insurer annual statement reporting requirements relative to employee and director compensation, as follows:

Effective Date:  Immediately.

Last Action: Approved and signed by the Governor on July 7, 2008 (Chapter 263 of the Laws of 2008).

Department of Financial Services

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