N.Y. ISC Law § 7114
This is the official text of N.Y. ISC Law § 7114, 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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Pending actions
Official statutory text
§ 7114. Pending actions. No action or proceeding, pending at the time\nof the merger or consolidation to which either of the constituent\ncompanies may be a party, shall be abated or discontinued by reason of\nsuch merger or consolidation, but the same may be prosecuted to final\njudgment in the same manner as if the merger or consolidation had not\ntaken place; or the continuing or consolidated company, may be\nsubstituted in the place of such constituent company by order of the\ncourt in which the action or proceeding may be pending.\n
Status: in_force · Read it on the official government site
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