1552 - Allocation. - New York Statutes

§ 1552. Allocation. Where the taxable insurance contract covers risks located or resident both within and without this state, the amount of premiums allocable to risks resident or located within this state shall be determined pursuant to rules and regulations of the commissioner of taxation and finance. In promulgating such rules and regulations, the commissioner of taxation and finance shall give due consideration to the rules and regulations promulgated by the superintendent of insurance pursuant to subsection (b) of section nine thousand one hundred two of the insurance law.