N.Y. Laws » CHAPTER Insurance / ARTICLE Financial Guaranty Insurance Corporations
New York Consolidated Laws

N.Y. Insurance Law § 6908 (2026)

Applicability of other laws

✓ text as retrieved May 2026 (this copy records no edition or section history)
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§ 6908. Applicability of other laws. An insurer issuing policies of
financial guaranty insurance shall be subject to all of the provisions
of this chapter applicable to property/casualty insurers to the extent
that such provisions are not inconsistent with the provisions of this
article.
Notes of Decisions
Cited in 2 cases, 2013–2013 · leading case: Oppenheimer AMT-Free Municipals v. ACA Fin. Guar. Corp., 110 A.D.3d 280 (N.Y. App. Div. 2013).
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Oppenheimer AMT-Free Municipals v. ACA Fin. Guar. Corp., 110 A.D.3d 280 (N.Y. App. Div. 2013). “While they have some unique characteristics, they are generally subject to the same laws and principles underlying insurance policies in general (see Insurance Law § 6908). Thus, CBIs are policies of insurance that should be analyzed in accordance with general principles of…”
Oppenheimer AMT-Free Municipals v. ACA Fin. Guar. Corp., 110 A.D.3d 280 (N.Y. App. Div. 2013). “While they have some unique characteristics, they are generally subject to the same laws and principles underlying insurance policies in general (see Insurance Law § 6908). Thus, CBIs are policies of insurance that should be analyzed in accordance with general principles of…”
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