Insurance Code section 10132

The beneficiary under a life policy which provides for the payment of its proceeds in periodical installments, may be restrained by its provisions from disposing of or incumbering his interest in any such installment prior to the date when it becomes due and payable by the insurer.

Source: Section 10132, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=INS§ionNum=10132. (updated Jan. 1, 1935; accessed Jun. 29, 2026).

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Verified:
Jun. 29, 2026

§ 10132's source at ca.gov

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Location: https://california.public.law/codes/insurance_code_section_10132

Original Source: Section 10132, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=INS§ionNum=10132. (last accessed May 12, 2025).