There is a newer version of the California Code
2011 California Code
Insurance Code
DIVISION 2. CLASSES OF INSURANCE [1880 - 12865]
CHAPTER 2. Group Life Policies
Section 10200
CA Ins Code § 10200 (through 2012 Leg Sess) What's This?
Any life insurer may issue life, disability, term, and endowment insurance on the group plan, with or without annuities, and with premium rates less than the usual rates for such insurance. Such insurance under a franchise agreement or upon a wholesale basis may be written under rates more or less than the usual rates for such insurance.
(Amended by Stats. 1961, Ch. 1385.)
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