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New York · Through 2026-09-11

N.Y. Insurance Law § 7109: Limitation on enlargement of powers

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Where this section sits in the code
  1. Insurance Law
  2. Article 71. Merger, Consolidation, Redomestication, Acquisition of Assets and Acquisition of Certain Shares of Insurers

§ 7109. Limitation on enlargement of powers. This article shall not

enlarge the charter powers of any company except in conformity with the

provisions of the proposed charter of the surviving or consolidated

company as provided in section seven thousand one hundred three of this

article, nor authorize any company to do any kind of insurance business

not authorized by its charter, nor authorize any foreign or alien

company to do any kind of insurance business in this state not

authorized by its license or certificate of authority to do business in

this state.

Collected 2026-09-14T19:32:45Z. Source file · JSON

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