§ 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.
Liability of members of assessment company to continue
N.Y. Insurance Law § 7116, under Merger, Consolidation, Redomestication, Acquisition of Assets and Acquisition of Certain Shares of Insurers.
N.Y. Insurance Law § 7116