Cal. Insurance Code § 757
Cal. Insurance Code § 757
California · California Insurance Code · Status: effective · Effective 1989-09-30
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- Citation
- Cal. Insurance Code § 757, California, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/877390
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Full text
When a statement of the amount or segregation of a payroll is materially false, and an insurer, through a person employed by it in a managerial capacity, accepts the statement as the basis for the premium on a policy, the acceptance is an unlawful act if the accepting employee knows of the falsity.