New York Laws
Article 80 - Mutual Holding Company
8012 - Directors and Officers.

§ 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.

Structure New York Laws