40-417. Fraud and perjury; penalty.

40-417

Chapter 40.--INSURANCE
Article 4.--GENERAL PROVISIONS RELATING TO LIFE INSURANCE COMPANIES

      40-417.   Fraud and perjury; penalty.Any solicitor, agent, examining physician or other person who shallknowingly or willfully make any false or fraudulent statement orrepresentation in or with reference to any application for life insurance,or who shall make any such statement for the purpose of obtaining any fee,commission, money or benefits from any company transacting business underthis act shall be deemed guilty of a misdemeanor, and upon convictionthereof shall be punished by a fine of not more than five hundred dollarsor imprisonment in the county jail for not more than one year, or both, atthe discretion of the court; and any person who shall willfully make afalse statement of any material fact or thing in a sworn statement as todeath or disability for the purpose of procuring payment of a benefit namedin a policy or certificate shall be deemed guilty of perjury.

      History:   L. 1927, ch. 231, 40-417; June 1.