Insurance Law 1718 — Legislation
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SECTION 1717
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ARTICLE 17
Subsidiaries of Domestic Life Insurance Companies and Certain Other Entities
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SECTION 1718
Expenses for group-wide supervision
Insurance (ISC) CHAPTER 28, ARTICLE 17
§ 1718. Expenses for group-wide supervision. A parent corporation
shall be liable for and shall pay the reasonable expenses of the
superintendent's participation in the administration of group-wide
supervision of internationally active insurance groups, including the
engagement of attorneys, actuaries, and any other professionals and all
reasonable travel expenses.