California Legal Codes and Statutes

§ 11124

Added by Stats. 1951, Ch. 1193.

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.

Cite this section

Cal. Ins. Code § 11124 (2026)
https://ca.codecond.com/codes/ins/division-2-classes-of-insurance/part-2-life-and-disability-insurance/chapter-10-fraternal-benefit-societies/article-7-financial-matters/section-11124

Other sections in Article 7 - Financial Matters

§ 11120§ 11121§ 11122§ 11122.1§ 11123§ 11124§ 11125§ 11126§ 11127§ 11128…§ 11137§ 11138§ 11139§ 11140§ 11141§ 11142§ 11143§ 11144§ 11145§ 11146

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