NY Ins L § 4302 (2021)
2021 New York Laws ISC - Insurance Article 43 - Non-Profit Medical and Dental Indemnity, or Health and Hospital Service Corporations 4302 - Permit and License to Do Business.

§ 4302. Permit and license to do business. (a) Corporations subject to this  article  shall  not  solicit  the  purchase of, or enter into, any contract with any individual or group until it  has  obtained  from  the superintendent  a  permit  so  to do. Such permit shall be issued by the superintendent upon receipt of an application in a form to be prescribed by the superintendent and upon payment of a fee  of  ten  dollars.  Such application  shall  include  a  statement  of the territory in which the corporation will  operate,  which,  in  the  case  of  hospital  service corporations,  shall  not  exceed  eighteen  counties of this state, the services to be rendered by the corporation and the rates to  be  charged therefor,  and  shall  be  accompanied  by  two  copies  of each type of contract for service which the corporation proposes to render and  by  a bond  in  the  sum  of  one  thousand dollars conditioned upon return to applicants for contracts of any advance payments made if within one year from the date of the issuance of such permit a license to do business as hereafter provided has not been issued.  (b) No such  corporation  shall  furnish  medical  expense  indemnity, dental  expense  indemnity,  hospital  service  or health service as set forth in section four thousand three hundred one of this  article  until it  has  obtained from the superintendent a license to do business. Such license may be issued by  the  superintendent  upon  the  filing  of  an application, subscribed by two officers of such corporation and affirmed by  such  officers as true under the penalties of perjury, and in a form prescribed by the superintendent and  upon  payment  of  a  fee  of  ten dollars. Such application shall include (i) a statement of the number of individuals   and   groups   from  whom  the  corporation  has  received applications for medical expense indemnity,  dental  expense  indemnity, hospital  service  or health service, as the case may be, to be rendered during one year, and from each of whom it has received  payment  of  not less  than  one-sixth of the full payment required from such individuals and groups; and (ii) a statement of the total amount so collected, which shall be not less than eighteen hundred dollars. Before issuing any such license the superintendent may make such examination or investigation as he deems expedient, including an investigation of the sponsors  of  such proposed  corporation  and if after such examination or investigation he determines the issuance of such license is contrary to the  interest  of the people, he shall refuse to issue. Upon the issuance of such license, the  corporation  may begin to furnish medical expense indemnity, dental expense indemnity, hospital service or health service, as the  case  may be.  (c)   Notwithstanding  the  other  provisions  of  this  article,  the superintendent may issue a permit  to  organize  and  a  license  to  do business  to  a  not-for-profit corporation organized and operated under the supervision of the  New  York  State  Public  High  School  Athletic Association,  unrestricted  as  to  its  territorial  operations in this state, for the sole purpose, however, of furnishing medical, dental  and hospital  expense indemnity to bona fide students in elementary and high schools injured (i) in intramural and interscholastic athletic games and sports activities, (ii) while engaged in  preparation  for  such  games, sports or contests, (iii) in physical education classes, and (iv) in any other  accidents  which  in the judgment of the superintendent should be included. The dental indemnity is to apply, however,  only  in  case  of dental expense caused by injury occurring as above set forth.