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Statutes » New York » ISC Law » Article 71

N.Y. ISC Law § 7103

This is the official text of N.Y. ISC Law § 7103, part of New York’s ISC Law — part of the compiled statutory law of New York, published by the state as "ISC Law." Browse the sections below, each linked to its official government source.

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Content of merger or consolidation agreement, and of charter of surviving or consolidated company

Official statutory text

§ 7103. Content of merger or consolidation agreement, and of charter\nof surviving or consolidated company. (a) Any agreement for merger or\nconsolidation shall contain the proposed charter of the surviving or\nconsolidated company and such other particulars as may be necessary to\nexplain and make manifest the objects and purposes of the surviving or\nconsolidated company and the manner in which it is to be conducted. Such\ncompany may be given the name of one or more of the constituent\ncompanies, which name shall, however, comply with subsection (g) of\nsection one thousand one hundred two of this chapter. The approval of\nsuch agreement by the superintendent shall constitute an approval of\nsuch proposed charter.\n (b) The proposed charter shall conform to all requirements of\nparagraph five of subsection (a) of section one thousand two hundred one\nof this chapter.\n (c) If the surviving or consolidated company shall be a stock company,\nits charter shall provide that its capital shall be no larger than the\nsum of the capital of the constituent companies.\n

Status: in_force · Read it on the official government site

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About this page: Statute text is reproduced from official government publishers via the Open US Law dataset (Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine (Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.