California Statutes

§ 11092. — 11092. (Repealed and added by Stats. 1951, Ch. 1193.)

California·Code INS Insurance Code - INS·Div. 2. DIVISION 2. CLASSES OF INSURANCE·Part 2. PART 2. LIFE AND DISABILITY INSURANCE·Ch. 10. CHAPTER 10. Fraternal Benefit Societies·Art. 6. ARTICLE 6. Powers of Commissioner

The commissioner shall act as prescribed in Section 11093 when upon investigation he finds that a domestic society:

(a)Has exceeded its power;
(b)Has failed to comply with any provision of this chapter;
(c)Is not fulfilling its contracts in good faith;
(d)Has a membership of less than 400 after an existence of one year; or
(e)Is transacting business fraudulently or in a manner hazardous to its members, creditors, the public or the business.

Free access — add to your briefcase to read the full text and ask questions with AI

California § 11092. (11092. (Repealed and added by Stats. 1951, Ch. 1193.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Repealed and added by Stats. 1951, Ch. 1193.
View on official source ↗