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California Insurance Code

§ 989

INS § 989Div. 1 · Part 2 · Ch. 1 · Art. 13
Any person who does any of the following is guilty of a misdemeanor punishable by not more than one year in county jail:
(a)Conceals any property belonging to an insurer.
(b)Transfers or conceals in contemplation of a state insolvency proceeding his or her own property or property belonging to an insurer.

Legislative history

Added by Stats. 1990, Ch. 302, Sec. 2.

Source: California Insurance Code § 989 from the California Legislative Information (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.