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N.Y. Ins. Law § 7116

Liability of members of assessment company to continue

2014-09-22

§ 7116. Liability of members of assessment company to continue. In\ncase of a merger or consolidation of assessment companies the liability\nof members thereof to assessments shall continue and be transferred to\nthe surviving or consolidated company.\n

Official source: NYS Open Legislation (New York State Senate). Reproduced from public-domain New York statutes; confirm against the official source for the current text. Not legal advice.