Statute · California Insurance Code
Cal. Ins. Code § 10132 — Transfer
Cal. Ins. Code § 10132
- Type
- Statute
- Source
- California Insurance Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
The beneficiary under a life policy which provides for the payment of its proceeds in periodical installments, may be restrained by its provisions from disposing of or incumbering his interest in any such installment prior to the date when it becomes due and payable by the insurer.
Citator
Cal. Ins. Code § 10132 — Transfer is in force in the current edition of the Code, and nothing recorded condemns it.
The beneficiary under a life policy which provides for the payment of its proceeds in periodical installments, may be restrained by its provisions from disposing of or incumbering his interest in any such installment prior to the date when it becomes due and payable by the insurer.