Statute · California Insurance Code

Cal. Ins. Code § 11122 — Financial Matters

Cal. Ins. Code § 11122

Type
Statute
Source
California Insurance Code
Jurisdiction
California
Date
1996-01-01
Current through
Nov 2, 2026 (California Legislative Counsel)

Any society may create, maintain, invest, disburse and apply any special fund or funds necessary to carry out any purpose permitted by the laws of the society. The funds may include hospital and help, sanitaria, home, thrift, pension for the society’s employees, patriotic, educational and relief…

Citator

Cal. Ins. Code § 11122 — Financial Matters is in force in the current edition of the Code, and nothing recorded condemns it.

Any society may create, maintain, invest, disburse and apply any special fund or funds necessary to carry out any purpose permitted by the laws of the society. The funds may include hospital and help, sanitaria, home, thrift, pension for the society’s employees, patriotic, educational and relief funds, in accordance with the society’s laws.