N.Y. Banking Law § 603
Current through 2024 NY Law Chapter 553
The receiving corporation may require the return of the original certificate or certificates held by each stockholder or shareholder in such other corporation or corporations and may issue in lieu thereof new certificates for such number of its own shares, or pay or deliver such other consideration, as such stockholder or shareholder may be entitled to receive under the merger plan.
N.Y. BankingLaw § 603