Statute · New York Insurance Law

N.Y. Ins. Law § 8012 — Directors and officers

N.Y. Ins. Law § 8012

Type
Statute
Source
New York Insurance Law
Jurisdiction
New York
Current through
Nov 5, 2026 (NY Senate Open Legislation)

§ 8012. Directors and officers. Except as otherwise provided in the plan of reorganization and subject to subsection (d) of section eight thousand seventeen of this article, the directors and officers of the reorganizing insurer shall serve as directors and officers of the reorganized insurer,…

Citator

N.Y. Ins. Law § 8012 — Directors and officers is in force in the current edition of the Code, and nothing recorded condemns it.

§ 8012. Directors and officers. Except as otherwise provided in the plan of reorganization and subject to subsection (d) of section eight thousand seventeen of this article, the directors and officers of the reorganizing insurer shall serve as directors and officers of the reorganized insurer, any stock holding company and the mutual holding company until new directors and officers have been duly elected and qualified pursuant to the charter or certificate of incorporation and the by-laws of the respective companies.