California Insurance Code

§ 10430

Name: California Superior Court Tentative Rulings
Creator: DecisionDepot
License: https://creativecommons.org/licenses/by-nc/4.0/

INS § 10430Div. 2 · Part 2 · Ch. 5 · Art. 1

Statute text

View on leginfo.ca.gov

An admitted life insurer shall not issue or deliver in this State, any securities or any special or advisory board or other contracts of any kind promising returns and profits as an inducement to insurance nor shall it permit its agents, officers or employees to do so.

Legislative history

Enacted by Stats. 1935, Ch. 145.