§ 8009. Filing of plan; effective date of reorganization. (a) When the
superintendent has given his or her approval of the plan of
reorganization as provided in section eight thousand seven of this
article, and certification of approval of the plan by policyholders
entitled to vote on the plan has been made to the superintendent as
provided in section eight thousand eight of this article, a copy of the
plan of reorganization, with the superintendent's approval endorsed
thereon, shall be filed in the office of the superintendent. A copy of
such plan certified by the superintendent shall also be filed by the
reorganizing insurer in the office of the clerk of the county where the
principal office of the reorganizing insurer is located within thirty
days after the superintendent's approval.

(b) The plan of reorganization shall take effect in accordance with
its terms on the date and at the time when the filing in the office of
the superintendent required by this section has been made or on such
later date or at such later time, if any, as may have been specified in
or determined in accordance with the plan or pursuant thereto.

(c) As of the effective date, the superintendent shall issue an
amended certificate of authority to the reorganized insurer, and, if the
plan of reorganization specifies that the reorganized insurer proposes
to continue to issue for delivery in this state participating policies
or contracts, the superintendent shall, in accordance with subsection
(f) of section four thousand two hundred thirty-one of this chapter,
issue a permit authorizing it to do so.