California Insurance Code

§ 11122

INS § 11122 Effective Jan 1, 1996Div. 2 · Part 2 · Ch. 10 · Art. 7

Statute text

Any society may create, maintain, invest, disburse and apply any special fund or funds necessary to carry out any purpose permitted by the laws of the society. The funds may include hospital and help, sanitaria, home, thrift, pension for the society’s employees, patriotic, educational and relief funds, in accordance with the society’s laws.

Legislative history

Amended by Stats. 1995, Ch. 166, Sec. 11. Effective January 1, 1996.