Statute · California Insurance Code

Cal. Ins. Code § 11124 — Financial Matters

Cal. Ins. Code § 11124

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

Unless otherwise provided in the contracts of the members, such funds shall be held, invested, and disbursed for the use and benefit of the society, and no member or beneficiary shall have or acquire individual rights therein or become entitled to any apportionment thereof.

Citator

Cal. Ins. Code § 11124 — Financial Matters is in force in the current edition of the Code, and nothing recorded condemns it.

Unless otherwise provided in the contracts of the members, such funds shall be held, invested, and disbursed for the use and benefit of the society, and no member or beneficiary shall have or acquire individual rights therein or become entitled to any apportionment thereof.