Statute · California Insurance Code
Cal. Ins. Code § 10432 — Restrictions on Business
Cal. Ins. Code § 10432
- Type
- Statute
- Source
- California Insurance Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
A corporation or stock company, acting as agent of a life insurer and its agents, officers, or employees shall not sell, agree or offer to sell, or give or offer to give, directly or indirectly, any such securities or contracts as an inducement to insurance or in connection therewith.
Citator
Cal. Ins. Code § 10432 — Restrictions on Business is in force in the current edition of the Code, and nothing recorded condemns it.
A corporation or stock company, acting as agent of a life insurer and its agents, officers, or employees shall not sell, agree or offer to sell, or give or offer to give, directly or indirectly, any such securities or contracts as an inducement to insurance or in connection therewith.