§ 10273.5
112 words·~1 min read·
/ca/insurance-code/10273-5A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
No person shall cause or permit to be issued, circulated or used any representation that a policy defined in Section 10273.3 is “non-can,” noncancelable (not cancelable) or noncancelable and guaranteed renewable.
No person shall cause or permit to be issued, circulated or used any representation concerning the right to continue a policy such as is defined in Section 10273.3 unless such representation contains a declaration of the terms under which the insurer has reserved the right to change the premium in a manner which shall not minimize or obscure the same.
Any person knowingly violating any provision of this section shall be subject to the penalties provided for misrepresentation by this code.