N.Y. Insurance Law Section 7115
Shareholders’ liability


The shareholders of a stock company merging or consolidating shall continue subject to all the liabilities, claims and demands existing against them as such at or before such merger or consolidation.

Source: Section 7115 — Shareholders' liability, https://www.­nysenate.­gov/legislation/laws/ISC/7115 (updated Sep. 22, 2014; accessed Dec. 21, 2024).

Accessed:
Dec. 21, 2024

Last modified:
Sep. 22, 2014

§ 7115’s source at nysenate​.gov

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