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The Laws of New York
Consolidated Laws of New York
CHAPTER 28
Insurance
ARTICLE 71
Merger, Consolidation, Redomestication, Acquisition of Assets and Acquisition of Certain Shares of Insurers
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SECTION 7116
Liability of members of assessment company to continue
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ARTICLE 71
Merger, Consolidation, Redomestication, Acquisition of Assets and Acquisition of Certain Shares of Insurers
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SECTION 7118
Plan for acquisition of minority interests in a subsidiary insurer
This entry was published on 2014-09-22
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SECTION 7117
Return of shares of constituent company
Insurance (ISC) CHAPTER 28, ARTICLE 71
§ 7117. Return of shares of constituent company. A surviving or
consolidated company may require the return of the original certificates
of stock held by each shareholder in each constituent company, and issue
in lieu thereof new certificates for such number of its own shares as
such shareholder may be entitled to receive.