New York § 7116 Liability of members of assessment company to continue

New York Statutes

§ 7116 — Liability of members of assessment company to continue

New York § 7116

Law ISCInsurance

Art. 71Merger, Consolidation, Redomestication, Acquisition of Assets and Acquisition of Certain Shares of Insurers

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Bluebook

N.Y. Insurance § 7116 (2026).

Text

  § 7116. Liability of members of assessment company to continue. In\ncase of a merger or consolidation of assessment companies the liability\nof members thereof to assessments shall continue and be transferred to\nthe surviving or consolidated company.\n

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