California Law (Last Updated: March 4, 2014) |
Insurance Code - INS |
Division 1. GENERAL RULES GOVERNING INSURANCE |
Part 2. THE BUSINESS OF INSURANCE |
Chapter 1. General Regulations |
ARTICLE 13. Insolvency |
Section 989.
Latest version.
-
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.
(c) Conceals, destroys, mutilates, alters or makes a false entry in any document which affects or relates to the property of an insurer or withholds any such document from a receiver, trustee or other officer of a court entitled to its possession.
(Added by Stats. 1990, Ch. 302, Sec. 2.)