California Statutes

§ 11095. — 11095. (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 liquidated, it shall be enjoined from carrying on any further business, whereupon the receiver of the society shall proceed at once to take possession of the books, papers, money and other assets of the society and, under the direction of the court, proceed forthwith to close the affairs of the society and to distribute its funds to those entitled thereto.

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California § 11095. (11095. (Added by Stats. 1951, Ch. 1193.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Added by Stats. 1951, Ch. 1193.
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