California Insurance Code

§ 10493

INS § 10493 Effective Jan 1, 2019Div. 2 · Part 2 · Ch. 5 · Art. 4

Statute text

An incorporated or unincorporated benefit and relief association organized before January 15, 1951, may procure a certificate of exemption from the commissioner if it complies with all of the following:

(a)All of the other requirements of this article.

(b)As respects life or disability or life and disability insurance transacted by it, it is of an entirely nonprofit nature.

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Legislative history

Amended by Stats. 2018, Ch. 92, Sec. 157. (SB 1289) Effective January 1, 2019.