California § 11094. 11094. (Repealed and added by Stats. 1951, Ch. 1193.)

California Statutes

§ 11094. — 11094. (Repealed and added by Stats. 1951, Ch. 1193.)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

If the court orders the society enjoined, the commissioner shall suspend its certificate of authority. Thereafter such society shall have no authority to do business in this State until:

(a)The commissioner finds that the overt act or violation complained of has been corrected;

(b)The costs of such action, if any, have been paid by the society;

(c)The court has dissolved its injunction; and

(d)The commissioner has reinstated the certificate of authority.

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If the court orders the society enjoined, the commissioner shall suspend its certificate of authority. Thereafter such society shall have no authority to do business in this State until:
(a)
The commissioner finds that the overt act or violation complained of has been corrected;
(b)
The costs of such action, if any, have been paid by the society;
(c)
The court has dissolved its injunction; and
(d)
The commissioner has reinstated the certificate of authority.

California § 11094. (11094. (Repealed and added by Stats. 1951, Ch. 1193.))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Repealed and added by Stats. 1951, Ch. 1193.

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