§ 44
54 words·~1 min read·
/ca/insurance-code/44A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Any person who willfully and knowingly makes, circulates, or transmits to another any false written or printed statement for the purpose of damaging the financial condition or stability of any insurance company doing business in this state is guilty of a misdemeanor punishable by a fine of not more than one thousand dollars ($1,000).