New York § 8016 Prohibited transactions by officers, directors and employees

New York Statutes

§ 8016 — Prohibited transactions by officers, directors and employees

New York·Law ISC Insurance·Art. 80 Mutual Holding Company

  § 8016. Prohibited transactions by officers, directors and employees.\nNo director, officer, agent or employee of the reorganizing insurer\nshall receive any fee, commission or other valuable consideration\nwhatsoever, other than regular salary and compensation, for in any\nmanner aiding, promoting or assisting in the reorganization except as\nset forth in the plan approved by the superintendent.\n

Free access — add to your briefcase to read the full text and ask questions with AI

§ 8016. Prohibited transactions by officers, directors and employees.\nNo director, officer, agent or employee of the reorganizing insurer\nshall receive any fee, commission or other valuable consideration\nwhatsoever, other than regular salary and compensation, for in any\nmanner aiding, promoting or assisting in the reorganization except as\nset forth in the plan approved by the superintendent.\n

New York § 8016 (Prohibited transactions by officers, directors and employees) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.