{"code":"INS","codeName":"Insurance Code","section":"10232.96","citation":"Ins. Code, § 10232.96","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 2. CLASSES OF INSURANCE [1880. - 12880.8.]","url":"https://blackletter.si/insurance-code/division-2"},{"name":"PART 2. LIFE AND DISABILITY INSURANCE [10110. - 11549.]","url":"https://blackletter.si/insurance-code/division-2/part-2"},{"name":"CHAPTER 2.6. Long-Term Care Insurance [10231. - 10237.6.]","url":"https://blackletter.si/insurance-code/division-2/part-2/chapter-2.6"},{"name":"ARTICLE 3. General Provisions [10232. - 10233.8.]","url":"https://blackletter.si/insurance-code/division-2/part-2/chapter-2.6/article-3"}],"history":"Added by Stats. 1997, Ch. 699, Sec. 6.5.   Effective October 6, 1997.","effective":"1997-10-06","html":"<p>When a policy or certificate holder of an insurance contract issued prior to December 31, 1996, requests a material modification to the contract as defined by federal law or regulations, the insurer, prior to approving such a request, shall provide written notice to the policy or certificate holder that the contract change requested may constitute a material modification that jeopardizes the federal tax status of the contract and appropriate tax advice should therefore be sought.</p>","text":"When a policy or certificate holder of an insurance contract issued prior to December 31, 1996, requests a material modification to the contract as defined by federal law or regulations, the insurer, prior to approving such a request, shall provide written notice to the policy or certificate holder that the contract change requested may constitute a material modification that jeopardizes the federal tax status of the contract and appropriate tax advice should therefore be sought.","otherVersions":[],"url":"https://blackletter.si/insurance-code/general-provisions-10232-96","source":"California Legislative Information bulk export (pubinfo)"}