California Statutes

§ 10430. — 10430. (Enacted by Stats. 1935, Ch. 145.)

California § 10430.
JurisdictionCalifornia
Code INSInsurance Code - INS
Div. 2.DIVISION 2. CLASSES OF INSURANCE
Part 2.PART 2. LIFE AND DISABILITY INSURANCE
Ch. 5.CHAPTER 5. General Regulation of Life Insurers
Art. 1.ARTICLE 1. Restrictions on Business

This text of California § 10430. (10430. (Enacted by Stats. 1935, Ch. 145.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Cal. Insurance Code - INS Code § 10430. (2026).

Text

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 returns and profits as an inducement to insurance nor shall it permit its agents, officers or employees to do so.

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Related

Jerald Friedman v. AARP Inc
(C.D. California, 2019)

Legislative History

Enacted by Stats. 1935, Ch. 145.
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Bluebook (online)
California § 10430., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/INS/10430..