No director or officer of any insurer shall receive any money or thing of value for
negotiating, procuring, recommending or aiding in any purchase or sale by the insurer
of any property or investment, or any loan from or to the insurer, nor be pecuniarily
interested, either as principal, co-principal, agent, or beneficiary, in any such
purchase, sale, or loan, nor shall such insurer guarantee in any manner any financial
obligation of any such officer or director.
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