{"data":{"id":"us-ny/n.y.-insurance-law-7109","jurisdiction":"us-ny","citation":"N.Y. Insurance Law § 7109","heading":"Limitation on enlargement of powers","body":"§ 7109. Limitation on enlargement of powers. This article shall not\nenlarge the charter powers of any company except in conformity with the\nprovisions of the proposed charter of the surviving or consolidated\ncompany as provided in section seven thousand one hundred three of this\narticle, nor authorize any company to do any kind of insurance business\nnot authorized by its charter, nor authorize any foreign or alien\ncompany to do any kind of insurance business in this state not\nauthorized by its license or certificate of authority to do business in\nthis state.","path":["Insurance Law","Article 71. Merger, Consolidation, Redomestication, Acquisition of Assets and Acquisition of Certain Shares of Insurers"],"source_url":"https://legislation.nysenate.gov/api/3/laws/ISC/7109","current_through":"2026-09-11","vintage":"","retrieved_at":"2026-09-14T19:32:45Z","sha256":"5046aa22d5715cf89b20fc6cef1201b624e7c4aaa0fa5aec73d0bd5f11439aeb","source_id":"us-ny","stale":false,"prev":"us-ny/n.y.-insurance-law-7108","next":"us-ny/n.y.-insurance-law-7110"},"notice":"GroundRules: Original legal text. Not legal advice."}