There is a newer version of the California Code
2011 California Code
Insurance Code
DIVISION 2. CLASSES OF INSURANCE [1880 - 12865]
ARTICLE 1. Restrictions on Business
Section 10431
CA Ins Code § 10431 (through 2012 Leg Sess) What's This?
A life insurer which, as an inducement to insurance, issues or permits its agents, officers, or employees to issue any such securities or contracts in this State or any other State shall not be admitted.
(Enacted by Stats. 1935, Ch. 145.)
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