California Insurance Code

§ 11033

INS § 11033Div. 2 · Part 2 · Ch. 10 · Art. 3

Statute text

A society maintaining special funds of the nature set forth in Section 11122 may make payments from such funds to its members compatible with the type thereof; provided that, if such payments are of such a nature that they could constitute benefits within the classes of insurance set forth in Section 11041, the society making such payments may not:

(a)Make any separate charge therefor;

(b)Issue any certificate, policy or other document promising such payments;

…

Legislative history

Added by Stats. 1951, Ch. 1193.