California Insurance Code

§ 827.3

INS § 827.3 Effective Jan 1, 1997Div. 1 · Part 2 · Ch. 1 · Art. 8

(a)As used in this section, the term “insurer” means an insurer which is domestic and admitted.

(b)The transactions of an insurer set out in subdivisions (c) and (d) are exempt from Section 827 if they meet all of the following requirements:

(1)They are not accompanied by an advertisement and no selling expenses have been given, paid, or incurred in connection therewith.

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Legislative history

Amended by Stats. 1996, Ch. 820, Sec. 1. Effective January 1, 1997.