Section 379

379 punishment for theft.

Section 379. No company shall commence business or make insurance on one of the classes of insurance named in subsection 1 of this section unless if it is a stock company it has and maintains a paid in capital of at least eight hundred thousand dollars and a surplus of at least eight hundred thousand dollars or if it is a mutual. Punishment for theft whoever commits theft shall be pun ished with imprisonment of either description for a term which may extend to three years or with fine or with both. Whoever intending to take dishonestly any movable property out of the possession of any person without that person s consent moves that property in order to such taking is said to commit theft.

Rates shall be made in accordance with the provisions of this section. Description of ipc section 379. Section 379 is dealing with the punishment for theft.

Section 379 in the indian penal code 379. According to section 379 of indian penal code whoever commits theft shall be punished with imprisonment of either description for a term which may extend to three years or with fine or with both. Rating plans to be filed with director when informational filings.

1 due consideration shall be given to past and prospective loss experience within and outside this state to conflagration and catastrophe hazards if any to a reasonable margin for underwriting profit and contingencies to dividends or savings allowed or returned by insurers to their. Whoever commits theft shall be punished with imprisonment of either description for a term which may extend to three years or with fine or with both. Every insurer shall file with the director except as to commercial property or commercial casualty insurance as provided in subsection 6 of this section every manual of classifications rules underwriting rules and rates every rating plan and every modification of the foregoing which it uses and the.

Read the code on findlaw. California code of civil procedure ccp ca civ pro section 379.