Cal. INS § 10232.96
This is the official text of Cal. INS § 10232.96, part of California’s Insurance Code — regulates insurance companies and the insurance policies sold in California.
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Official statutory text
When a policy or certificate holder of an insurance contract issued prior to December 31, 1996, requests a material modification to the contract as defined by federal law or regulations, the insurer, prior to approving such a request, shall provide written notice to the policy or certificate holder that the contract change requested may constitute a material modification that jeopardizes the federal tax status of the contract and appropriate tax advice should therefore be sought.
Status: in_force · Read it on the official government site
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