Insurance Law 7115 — Legislation
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SECTION 7114
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ARTICLE 71
Merger, Consolidation, Redomestication, Acquisition of Assets and Acquisition of Certain Shares of Insurers
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SECTION 7116
Liability of members of assessment company to continue
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SECTION 7115
Shareholders' liability
Insurance (ISC) CHAPTER 28, ARTICLE 71
§ 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.