Insurance Code section 11124

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.

Source: Section 11124, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=INS§ionNum=11124. (accessed May 10, 2025).

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Last Updated

May 10, 2025

§ 11124’s source at ca.gov

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Location: https://california.public.law/codes/insurance_code_section_11124

Original Source: Section 11124, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=INS§ionNum=11124. (last accessed May 10, 2025).