California Statutes
§ 11097. — 11097. (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 11098 when upon investigation he finds that a foreign or alien society transacting or applying to transact business in this State:
(a)Has exceeded its powers;
(b)Has failed to comply with any provisions of this chapter;
(c)Is not fulfilling its contracts in good faith; or
(d)Is conducting its business fraudulently or in a manner hazardous to its members or creditors or the public.
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California § 11097. (11097. (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.