Laws of New York (Last Updated: November 21, 2014)

Section 1509. Prohibition of indirect action

Latest version.

No  holding  company  or
  controlled person shall directly or indirectly or through another person
  do or cause to be done for or in behalf of the  controlled  insurer  any
  act intended to affect the insurance operations of the insurer which, if
  done  by  the  insurer,  would violate section four thousand two hundred
  twenty-eight, four thousand two hundred twenty-nine, four  thousand  two
  hundred  thirty  or  any sections specified in section two thousand four
  hundred two of this chapter.

                    
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