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Cal. Ins. Code § 10432

Restrictions on Business

Known as the Health Insurance Disclosure Act

The act spans §§ 10110–11549 (1,209 sections).

Enacted by Stats. 1935, Ch. 145.

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.

Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.