N.Y. Laws » CHAPTER Insurance / ARTICLE Rehabilitation, Liquidation, Conservation and Dissolution of Insurers
New York Consolidated Laws

N.Y. Insurance Law § 7422 (2026)

Appointment of deputies; employment of assistants

✓ current as of May 2026
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§ 7422. Appointment of deputies; employment of assistants. (a) For the
purposes of this article the superintendent shall have power to appoint
special deputy, and assistant special deputy, superintendents as his
agents, and to employ such counsel, clerks and assistants as may by him
be deemed necessary and to give them such powers to assist him as he
considers wise.
  (b) The compensation of such special and assistant special deputy
superintendents, counsel, clerks and assistants, and all expenses of
conducting any proceeding under this article shall be fixed by the
superintendent, subject to the approval of the court, and shall be paid
out of the funds or assets of such insurer.
Notes of Decisions
Cited in 1 case, 2007–2007 · leading case: Dinallo v. DiNapoli, 877 N.E.2d 643 (N.Y. 2007).
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Dinallo v. DiNapoli, 877 N.E.2d 643 (N.Y. 2007). · cites it 2× “Must Prepare for Risk that Insurers May Go Into Rehabilitation or Liquidation, 75 NY St BJ 20 [Mar.”
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