California Statutes

§ 10509.935. — 10509.935. (Added by Stats. 2011, Ch. 130, Sec. 1.)

California § 10509.935.
JurisdictionCalifornia
Code INSInsurance Code - INS
Div. 2.DIVISION 2. CLASSES OF INSURANCE
Part 2.PART 2. LIFE AND DISABILITY INSURANCE
Ch. 5.CHAPTER 5. General Regulation of Life Insurers
Art. 11.ARTICLE 11. Life Insurance Proceeds Disclosure Act of 2011

This text of California § 10509.935. (10509.935. (Added by Stats. 2011, Ch. 130, Sec. 1.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Cal. Insurance Code - INS Code § 10509.935. (2026).

Text

If the insurer settles life insurance benefits through a retained asset account, the insurer shall provide the beneficiary with a supplemental contract that clearly discloses the rights of the beneficiary and the obligations of the insurer under the supplemental contract.

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Legislative History

Added by Stats. 2011, Ch. 130, Sec. 1. (SB 713) Effective January 1, 2012.

Nearby Sections

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California § 10509.935., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/INS/10509.935..