IN RE N.Y. STATE ASSN

John R. Davison for appellants. Louis J. Lefkowitz, Attorney-General ( Vincent P. Molineaux, Ruth Kessler Toch and Thomas P. Zolezzi of counsel), for Superintendent of Insurance, respondent. John E. Holt-Harris, Jr. and David F. Kunz for Connecticut General Life Insurance Company, respondent. Henry Harfield, Herman E. Compter and James B. Keenan for First National City Bank of New York, respondent. Paul R. Taylor for New York State Association of Insurance Agents, Inc. and another, amici curiae. H. James Douds, William N. Albus and Vernon L. Evans for National Association of Life Underwriters, amicus curiae. Roderick C. Sager, Daniel J. Reidy, Frederick W. Read, Jr., Victor Whitehorn and Donald M. Wilson for Association of New York State Life Insurance Companies, amicus curiae. Matthew H. Mataraso, Fioravante G. Perrotta, F. Raine Remsburg and George W. Brandt, Jr. for CUNA Mutual Insurance Society and another, amici curiae.