{"data":{"id":"us-ny/n.y.-insurance-law-1509","jurisdiction":"us-ny","citation":"N.Y. Insurance Law § 1509","heading":"Prohibition of indirect action","body":"§ 1509. Prohibition of indirect action. No holding company or\ncontrolled person shall directly or indirectly or through another person\ndo or cause to be done for or in behalf of the controlled insurer any\nact intended to affect the insurance operations of the insurer which, if\ndone by the insurer, would violate section four thousand two hundred\ntwenty-eight, four thousand two hundred twenty-nine, four thousand two\nhundred thirty or any sections specified in section two thousand four\nhundred two of this chapter.","path":["Insurance Law","Article 15. Holding Companies"],"source_url":"https://legislation.nysenate.gov/api/3/laws/ISC/1509","current_through":"2026-09-11","vintage":"","retrieved_at":"2026-09-14T19:32:45Z","sha256":"f267a2266ea8f17356e03d6c7a292751a06a8689f4f909d2b1bab7b6436323b2","source_id":"us-ny","stale":false,"prev":"us-ny/n.y.-insurance-law-1508","next":"us-ny/n.y.-insurance-law-1510"},"notice":"GroundRules: Original legal text. Not legal advice."}