{"code":"INS","codeName":"Insurance Code","section":"10431","citation":"Ins. Code, § 10431","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 5. General Regulation of Life Insurers [10430. - 10509.946.]","url":"https://blackletter.si/insurance-code/division-2/part-2/chapter-5"},{"name":"ARTICLE 1. Restrictions on Business [10430. - 10436.]","url":"https://blackletter.si/insurance-code/division-2/part-2/chapter-5/article-1"}],"history":"Enacted by Stats. 1935, Ch. 145.","effective":null,"html":"<p>A life insurer which, as an inducement to insurance, issues or permits its agents, officers, or employees to issue any such securities or contracts in this State or any other State shall not be admitted.</p>","text":"A life insurer which, as an inducement to insurance, issues or permits its agents, officers, or employees to issue any such securities or contracts in this State or any other State shall not be admitted.","otherVersions":[],"url":"https://blackletter.si/insurance-code/restrictions-on-business-10431","source":"California Legislative Information bulk export (pubinfo)"}