California Insurance Code
§ 10972
INS § 10972Div. 2 · Part 2 · Ch. 10 · Art. 1
Statute text
View on leginfo.ca.gov(1)A lodge operating under the lodge system, as this term is used in Section 10971, shall have all of the following characteristics:
(a)It is organized without capital stock.
(b)It is organized and operated solely for the benefit of its members or their beneficiaries and not for profit.
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Legislative history
Repealed and added by Stats. 1951, Ch. 1193.