Insurance Law 4203 — Legislation

Legislation Search OpenLegislation Statutes Search Term Search icon Search previous SECTION 4202 Capital and surplus requirements of life insurance companies up ARTICLE 42 Life Insurance Companies and Accident and Health Insurance Companies and Legal Services Insurance Companies next SECTION 4204 Financial requirements for the organization of stock accident and health insurance companies and stock legal services insurance companies Viewing most recent revision (from 2014-09-22) View historical revision as of: -- Choose a Date -- 2014-09-22 Share Facebook Email SECTION 4203 Transfer of shares of domestic life insurance company Insurance (ISC) CHAPTER 28, ARTICLE 42 § 4203. Transfer of shares of domestic life insurance company. (a) No shareholder of a domestic life insurance company shall vote his shares until the earlier of (i) ten days after written notice of acquisition thereof has been filed with the superintendent, or (ii) one year after the date of acquisition thereof. (b) This section shall apply only to shares acquired after such a company has been licensed under this chapter.