Section 647-A. Misrepresentation of terms of policy and future dividends by insurance producers.
(a) Prohibition.--No insurance producer shall, directly or indirectly:
(1) Issue, circulate or use, or cause or permit to be issued, circulated or used, a written or oral statement or circular misrepresenting the terms of a contract of insurance issued or to be issued by the insurer.
(2) Make an estimate with intent to deceive of the future dividends payable under the contract of insurance.
(b) Penalty.--A person that violates subsection (a) commits a misdemeanor of the third degree.
(647-A added Dec. 6, 2002, P.L.1183, No.147)