(b) Except as the context otherwise requires, every such Lloyds underwriters shall be subject to all of the provisions of this chapter which are applicable to reciprocal insurers.
(c) No Lloyds underwriters shall hereafter be organized in this state and no foreign or alien Lloyds underwriters shall be licensed to do an insurance business in this state.
(d) This section shall not alter or abridge any rights of the New York insurance exchange as set forth in article sixty-two of this chapter.
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