20-449. Rebates on life or disability insurance
Except as otherwise expressly provided by law, no person shall knowingly permit or offer to make or make any contract of life insurance, life annuity or disability insurance, or agreement as to such contract other than as plainly expressed in the contract issued thereon, or pay or allow, or give or offer to pay, allow or give, directly or indirectly, as an inducement to such insurance or annuity, any rebate of premiums payable on the contract, or any special favor or advantage in the dividends or other benefits thereon, or any valuable consideration or inducement whatever not specified in the contract.
Section: Previous 20-444 20-445 20-446 20-447 20-448 20-448.01 20-448.02 20-449 20-450 20-451 20-452 20-452.01 20-452.02 20-452.03 20-452.04 NextLast modified: October 13, 2016