Laws of New York (Last Updated: November 21, 2014) |
ISC Insurance |
Article 71. MERGER, CONSOLIDATION, REDOMESTICATION, ACQUISITION OF ASSETS AND ACQUISITION OF CERTAIN SHARES OF INSURERS |
Article 71. MERGER, CONSOLIDATION, REDOMESTICATION, ACQUISITION OF ASSETS AND ACQUISITION OF CERTAIN SHARES OF INSURERS
Section 7101. Definitions |
Section 7102. Merger, consolidation and acquisition of assets; when permitted |
Section 7103. Content of merger or consolidation agreement, and of charter of surviving or consolidated company |
Section 7104. Company approval of merger or consolidation agreement |
Section 7105. Approval by superintendent |
Section 7106. Merger or consolidation between domestic and foreign companies; certificate of approval |
Section 7107. Expedited approval; mutual property/casualty insurance companies |
Section 7108. Filing of agreement of merger or consolidation |
Section 7109. Limitation on enlargement of powers |
Section 7110. Fees; certification; prohibitions; penalty |
Section 7111. Proof of proceedings of meeting and action of company |
Section 7112. Vesting of property in surviving or consolidated company; assumption of liabilities |
Section 7113. Transfer of deposits to surviving or consolidated company |
Section 7114. Pending actions |
Section 7115. Shareholders' liability |
Section 7116. Liability of members of assessment company to continue |
Section 7117. Return of shares of constituent company |
Section 7118. Plan for acquisition of minority interests in a subsidiary insurer |
Section 7119. Appraisal of shares of dissenting shareholder on merger or consolidation of domestic company or on acquisition of minority interests in a subsidiary insurer |
Section 7120. Redomestication of foreign insurance companies |
Section 7121. Effects upon guaranty corporations of certain events |