| | |
deemed to be conducting an insurance or reinsurance agency, | | brokerage, intermediary, advisory or consulting business by virtue | | of their activities in connection with the special purpose | | reinsurance vehicle or with the insurance securitization. |
|
| | | §797.__Authority to adopt rules |
|
| | | The superintendent may adopt rules necessary to effectuate the | | purposes of this subchapter.__Any rules so adopted do not affect | | a special purpose reinsurance vehicle insurance securitization in | | effect at the time of adoption.__Rules adopted pursuant to this | | subchapter are routine technical rules as defined in Title 5, | | chapter 375, subchapter 2-A. |
|
| | | §798.__Exemption from insurance laws within limitations |
|
| | | 1.__Titles consistent.__A special purpose reinsurance vehicle | | is subject to chapters 1, 3 and 5 to the extent consistent with | | this subchapter. |
|
| | | 2.__Provisions not applicable.__No other provisions of this | | Title are applicable to a special purpose reinsurance vehicle | | organized under this subchapter, except as expressly provided in | | this subchapter or in rules adopted by the superintendent | | pursuant to section 797. |
|
|
