California Insurance Code

§ 11067

INS § 11067Div. 2 · Part 2 · Ch. 10 · Art. 5

Statute text

After September 21, 1952, no life insurance benefit certificate shall be delivered or issued for delivery in this State containing in substance any of the following provisions:

(a)Any provision limiting the time within which any action at law or in equity may be commenced to less than 18 months after the cause of action shall accrue.

(b)Any provision by which the certificate shall purport to be issued or take effect more than six months before the original application for the certificate was made, except in case of transfer from one form of certificate to another in connection with which the member is to receive credit for any reserve accumulation under the form of certificate from which the transfer is made.

…

Legislative history

Repealed and added by Stats. 1951, Ch. 1193.