N.Y. Insurance Law Section 7117
Return of shares of constituent company


A surviving or consolidated company may require the return of the original certificates of stock held by each shareholder in each constituent company, and issue in lieu thereof new certificates for such number of its own shares as such shareholder may be entitled to receive.

Source: Section 7117 — Return of shares of constituent company, https://www.­nysenate.­gov/legislation/laws/ISC/7117 (updated Sep. 22, 2014; accessed Dec. 21, 2024).

Accessed:
Dec. 21, 2024

Last modified:
Sep. 22, 2014

§ 7117’s source at nysenate​.gov

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