Added by Stats. 1951, Ch. 1193.
The commissioner shall act as prescribed in Section 11098 when upon investigation he finds that a foreign or alien society transacting or applying to transact business in this State:
(a)Has exceeded its powers;
(b)Has failed to comply with any provisions of this chapter;
(c)Is not fulfilling its contracts in good faith; or
(d)Is conducting its business fraudulently or in a manner hazardous to its members or creditors or the public.
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