New York Insurance Code § 8016

Prohibited transactions by officers, directors and employees
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§ 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

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