California Insurance Code 10402.1 – An insurer or plan which accepts or ratifies a contract for …
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An insurer or plan which accepts or ratifies a contract for alternative rates known by it to have been executed by a provider prior to the insurer’s or plan’s authorization, in reliance on the representation that it was authorized by such insurer or plan, shall be guilty of a misdemeanor.
(Added by Stats. 1982, Ch. 1594, Sec. 13. Effective September 30, 1982. Operative January 1, 1983, by Sec. 82 of Ch. 1594.)
Terms Used In California Insurance Code 10402.1
- Contract: A legal written agreement that becomes binding when signed.