Statute · California Insurance Code
Cal. Ins. Code § 11521.4 — Grants and Annuities Societies
Cal. Ins. Code § 11521.4
- Type
- Statute
- Source
- California Insurance Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
The commissioner may, in his discretion and after hearing, require the disposal of any investment made in violation of the provisions of this chapter; pending disposal pursuant to such order, no value shall be allowed for such investment in any financial statement or report required to be filed…
Citator
Cal. Ins. Code § 11521.4 — Grants and Annuities Societies is in force in the current edition of the Code, and nothing recorded condemns it.
The commissioner may, in his discretion and after hearing, require the disposal of any investment made in violation of the provisions of this chapter; pending disposal pursuant to such order, no value shall be allowed for such investment in any financial statement or report required to be filed with the commissioner and purporting to show the financial condition of the owner thereof for the purpose of determining whether such owner is solvent or insolvent.