N.Y. Insurance Law Section 7116
Liability of members of assessment company to continue


In case of a merger or consolidation of assessment companies the liability of members thereof to assessments shall continue and be transferred to the surviving or consolidated company.

Source: Section 7116 — Liability of members of assessment company to continue, https://www.­nysenate.­gov/legislation/laws/ISC/7116 (updated Sep. 22, 2014; accessed Oct. 26, 2024).

Accessed:
Oct. 26, 2024

Last modified:
Sep. 22, 2014

§ 7116’s source at nysenate​.gov

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