ARTICLE 1. Restrictions on Business [10430. - 10436.]

Article 1 enacted by Stats. 1935, Ch. 145.

§§ 10430–10436 · 7 sections

• § 10430 An admitted life insurer shall not issue or deliver in this State, any securities or any special or advisory board or other contracts of any kind promising…
• § 10431 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…
• § 10432 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…
• § 10433 Upon proof, after notice and hearing, that any such insurer or agent has violated any of the provisions of sections 10430, 10431, or 10432, the commissioner…
• § 10434 (a) An admitted life insurer shall not pay or contract to pay, directly or indirectly, to any of the parties specified in subdivision (b) any commission or…
• § 10435 Whenever any insurer violates Section 10434, the commissioner may revoke its certificate of authority or refuse to issue a certificate of authority to that…
• § 10436 An admitted life insurer may issue a rider to a policy of life insurance for the purpose of providing coverage for long-term care, if the rider has been…