Insurance Code 989
Current as of January 20, 2022 | Updated by California Business Lawyer & Corporate Lawyer
Current as of January 20, 2022 | Updated by California Business Lawyer & Corporate Lawyer
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.