No
director, officer, agent, attorney-in-fact, or employee of an
insurer shall:
(1) Knowingly receive or possess himself of any of its
property, otherwise than in payment for a just demand, and with
intent to defraud, omit to make or to cause or direct to be made,
a full and true entry thereof in its books and accounts; nor
(2) Make or concur in making any false entry, or concur in
omitting to make any material entry, in its books or accounts;
nor
(3) Knowingly concur in making or publishing any written
report, exhibit or statement of its affairs or pecuniary
condition containing any material statement which is false, or
omit or concur in omitting any statement required by law to be
contained therein; nor
(4) Having the custody or control of its books, willfully
fail to make any proper entry in the books of the insurer as
required by law, or to exhibit or allow the same to be inspected
and extracts to be taken therefrom by any person entitled by law
to inspect the same, or take extracts therefrom; nor
(5) If a notice of an application for an injunction or other
legal process affecting or involving the property or business of
the insurer is served upon him or her, fail to disclose the fact
of such service and the time and place of such application to the
other directors, officers, and managers thereof; nor
(6) Fail to make any report or statement lawfully required
by a public officer.
[2009 c 549 § 7119; 1947 c 79 § .30.12; Rem. Supp. 1947 § 45.30.12.]