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  4. Art. 71

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

Sections

7101
Definitions
7102
Merger, consolidation and acquisition of assets
7103
Content of merger or consolidation agreement, and of charter of surviving or consolidated company
7104
Company approval of merger or consolidation agreement
7105
Approval by superintendent
7106
Merger or consolidation between domestic and foreign companies
7107
Expedited approval
7108
Filing of agreement of merger or consolidation
7109
Limitation on enlargement of powers
7110
Fees
7111
Proof of proceedings of meeting and action of company
7112
Vesting of property in surviving or consolidated company
7113
Transfer of deposits to surviving or consolidated company
7114
Pending actions
7115
Shareholders' liability
7116
Liability of members of assessment company to continue
7117
Return of shares of constituent company
7118
Plan for acquisition of minority interests in a subsidiary insurer
7119
Appraisal of shares of dissenting shareholder on merger or consolidation of domestic company or on acquisition of minority interests in a...
7120
Redomestication of foreign insurance companies
7121
Effects upon guaranty corporations of certain events
 



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Location: https://newyork.public.law/laws/n.y._insurance_law_article_71

Blank Outline Levels

The legislature occasionally skips outline levels. For example:

(3) A person may apply [...]
(4)(a) A person petitioning for relief [...]

In this example, (3), (4), and (4)(a) are all outline levels, but (4) was omitted by its authors. It's only implied. This presents an interesting challenge when laying out the text. We've decided to display a blank section with this note, in order to aide readability.

Trust but verify.

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