Insurance Law 4403 — Legislation
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SECTION 4402
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ARTICLE 44
Employee Welfare Funds
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SECTION 4404
Examinations; requirement
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SECTION 4403
Registration
Insurance (ISC) CHAPTER 28, ARTICLE 44
§ 4403. Registration. (a) The trustees of every employee welfare fund
shall register such fund with the superintendent within three months of
commencing to do business in this state. Such registration shall be in
such form and shall contain such information relating to the
organization, operations and affairs of such fund as may be prescribed
by the superintendent.
(b) If it is found that the conditions that originally required
registration with the superintendent have ceased to exist and that new
conditions exist that would not require the registration of an employee
welfare fund with the superintendent, then the superintendent may, on
application of the trustees or on the superintendent's own motion,
cancel the registration of such fund.