California Insurance Code 989 – Any person who does any of the following is guilty of a misdemeanor …
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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.
Terms Used In California Insurance Code 989
- County: includes "city and county. See California Insurance Code 14
- insolvency: means either of the following:
California Insurance Code 985
- Person: means any person, association, organization, partnership, business trust, limited liability company, or corporation. See California Insurance Code 19
- State: means the State of California, unless applied to the different parts of the United States. See California Insurance Code 28
- Trustee: A person or institution holding and administering property in trust.
(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.)