Section 7109. Limitation on enlargement of powers

Latest version.

This article shall not
  enlarge the charter powers of any company except in conformity with  the
  provisions  of  the  proposed  charter  of the surviving or consolidated
  company as provided in section seven thousand one hundred three of  this
  article,  nor authorize any company to do any kind of insurance business
  not authorized by its  charter,  nor  authorize  any  foreign  or  alien
  company  to  do  any  kind  of  insurance  business  in  this  state not
  authorized by its license or certificate of authority to do business  in
  this state.

                    
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