Section 11142 Of Article 7. Financial Matters From California Insurance Code >> Division 2. >> Part 2. >> Chapter 10. >> Article 7.
11142
. No person shall cause or permit to be made, issued or
circulated in any form:
(a) Any misrepresentation or false or misleading statement
concerning the terms, benefits or advantages of any fraternal
insurance contract now issued or to be issued in this State; or the
financial condition of any society or the legal reserve system upon
which it operates; or any other matter concerning any society;
(b) Any false or misleading estimate or statement concerning the
dividends or shares of surplus paid or to be paid by any society on
any insurance contract; or
(c) Any incomplete comparison of an insurance contract of one
society with an insurance contract of another society or insurer for
the purpose of inducing the lapse, forfeiture or surrender of any
insurance contract.