California Statutes
§ 11125. — 11125. (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. 7. ARTICLE 7. Financial Matters
Every domestic society shall invest its funds only in securities permitted by the laws of this State for the investment of the assets of life insurers issuing nonassessable policies on a reserve basis. Such securities shall be valued according to the methods used in valuing similar securities held by such insurers.
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California § 11125. (11125. (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.