GroundRules
INS § 757
Where this section sits in the code
- Insurance Code - INS
- 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.]
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.
Collected 2026-09-14T05:56:33Z. Source file · JSON