Statute · California Insurance Code
Cal. Ins. Code § 989 — Insolvency
Cal. Ins. Code § 989
- Type
- Statute
- Source
- California Insurance Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
Any person who does any of the following is guilty of a misdemeanor punishable by not more than one year in county jail:
Citator
Cal. Ins. Code § 989 — Insolvency is in force in the current edition of the Code, and nothing recorded condemns it.
Any person who does any of the following is guilty of a misdemeanor punishable by not more than one year in county jail:
(a) Conceals any property belonging to an insurer.
(b) Transfers or conceals in contemplation of a state insolvency proceeding his or her own property or property belonging to an insurer.
(c) Conceals, destroys, mutilates, alters or makes a false entry in any document which affects or relates to the property of an insurer or withholds any such document from a receiver, trustee or other officer of a court entitled to its possession.