Section 310.47 - 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.1921, May 17, P.L. 789, art. VI-A, § 647-A, added 2002, Dec. 6, P.L. 1183, No. 147, § 2, effective in 180 days.