California Insurance Code

§ 11124

Name: California Superior Court Tentative Rulings
Creator: DecisionDepot
License: https://creativecommons.org/licenses/by-nc/4.0/

INS § 11124Div. 2 · Part 2 · Ch. 10 · Art. 7

Statute text

View on leginfo.ca.gov

Unless otherwise provided in the contracts of the members, such funds shall be held, invested, and disbursed for the use and benefit of the society, and no member or beneficiary shall have or acquire individual rights therein or become entitled to any apportionment thereof.

Legislative history

Added by Stats. 1951, Ch. 1193.