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New York Consolidated Laws, Insurance Law - ISC § 7115. Shareholders' liability

Current as of January 01, 2026 | Updated by Findlaw Staff

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.

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Cite this article: FindLaw.com - New York Consolidated Laws, Insurance Law - ISC § 7115. Shareholders' liability - last updated January 01, 2026 | https://codes.findlaw.com/ny/insurance-law/isc-sect-7115/

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