2016 New York Laws
ISC - Insurance
Article 71 - (Insurance) MERGER, CONSOLIDATION, REDOMESTICATION, ACQUISITION OF ASSETS AND ACQUISITION OF CERTAIN SHARES OF INSURERS
7103 - Content of merger or consolidation agreement, and of charter of surviving or consolidated company.

  7103.  Content of merger or consolidation agreement, and of charter
  of surviving or consolidated company. (a) Any agreement  for  merger  or
  consolidation  shall  contain  the  proposed charter of the surviving or
  consolidated company and such other particulars as may be  necessary  to
  explain  and  make manifest the objects and purposes of the surviving or
  consolidated company and the manner in which it is to be conducted. Such
  company may be given  the  name  of  one  or  more  of  the  constituent
  companies,  which  name  shall,  however,  comply with subsection (g) of
  section one thousand one hundred two of this chapter.  The  approval  of
  such  agreement  by  the  superintendent shall constitute an approval of
  such proposed charter.
(b)  The  proposed  charter  shall  conform  to  all  requirements  of
  paragraph five of subsection (a) of section one thousand two hundred one
  of this chapter.
(c) If the surviving or consolidated company shall be a stock company,
  its  charter  shall provide that its capital shall be no larger than the
  sum of the capital of the constituent companies.