Insurance Law 7116 — Legislation

Legislation Search OpenLegislation Statutes Search Term Search icon Search previous SECTION 7115 Shareholders' liability up ARTICLE 71 Merger, Consolidation, Redomestication, Acquisition of Assets and Acquisition of Certain Shares of Insurers next SECTION 7117 Return of shares of constituent company Viewing most recent revision (from 2014-09-22) View historical revision as of: -- Choose a Date -- 2014-09-22 Share Facebook Email SECTION 7116 Liability of members of assessment company to continue Insurance (ISC) CHAPTER 28, ARTICLE 71 § 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.