California Insurance Code

§ 11142

INS § 11142Div. 2 · Part 2 · Ch. 10 · Art. 7

Statute text

No person shall cause or permit to be made, issued or circulated in any form:

(a)Any misrepresentation or false or misleading statement concerning the terms, benefits or advantages of any fraternal insurance contract now issued or to be issued in this State; or the financial condition of any society or the legal reserve system upon which it operates; or any other matter concerning any society;

(b)Any false or misleading estimate or statement concerning the dividends or shares of surplus paid or to be paid by any society on any insurance contract; or

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Legislative history

Repealed and added by Stats. 1951, Ch. 1193.