2016 New York Laws
ISC - Insurance
Article 71 - (Insurance) MERGER, CONSOLIDATION, REDOMESTICATION, ACQUISITION OF ASSETS AND ACQUISITION OF CERTAIN SHARES OF INSURERS
7116 - Liability of members of assessment company to continue.

NY Ins L § 7116 (2016) What's This?

7116. Liability of members of assessment company to continue. In case of a merger or consolidation of assessment companies the liability of members thereof to assessments shall continue and be transferred to the surviving or consolidated company.


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