New York Laws
Article 80 - Mutual Holding Company
8011 - Corporate Existance.

(b) No action or proceeding pending at the time of the reorganization
to which the reorganizing insurer may be a party shall be abated or
discontinued by reason of such reorganization, but the same may be
prosecuted to final judgment in the same manner as if the reorganization
had not taken place, or the reorganized insurer may be substituted in
place of such reorganizing insurer by order of the court in which the
action or proceeding may be pending.

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