7912 - Transition.

§  7912.  Transition.  Providers who have submitted an application for  approval of registration pursuant to section seven thousand nine hundred  seven of this article who have  been  previously  engaged  in  New  York  state,  for  not  less than two years immediately prior to the effective  date of this section in the business of marketing, selling, offering for  sale, issuing, making, proposing or  administering  a  service  contract  which  otherwise was in compliance with all applicable laws of the state  of New York immediately prior to the effective date of this section, may  engage in such business in the state of New York until such time as  the  superintendent  has  issued  a  determination  on  such  application for  approval of registration provided that such application is  received  by  the  superintendent  within  sixty  days  of  the effective date of this  section.