Insurance Code section 10432

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.

Source: Section 10432, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=INS§ionNum=10432. (updated Jan. 1, 1935; accessed Jul. 13, 2026).

10430
10431
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10436

Up to date

Verified:
Jul. 13, 2026

§ 10432's source at ca.gov

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Location: https://california.public.law/codes/insurance_code_section_10432

Original Source: Section 10432, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=INS§ionNum=10432. (last accessed May 12, 2025).