DIVISION 1. GENERAL RULES GOVERNING INSURANCE 100-1879.8›PART 2. THE BUSINESS OF INSURANCE 680-1879.8›CHAPTER 1. General Regulations 680-1113›ARTICLE 5.1. Unlawful Practices 755-758.7
§ 757
California Insurance Code · 2018-11 edition · updated 2026-10-04 · California
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.
(Added by Stats. 1989, Ch. 1099, Sec. 1. Effective September 30, 1989.)
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