§ 10432
49 words·~1 min read·
/ca/insurance-code/10432A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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.