Insurance Code section 11123

Any such society may own real estate and buildings within or without the state of its incorporation, for any purposes for which it may use funds. It may receive gifts and bequests for such purposes and may be named in policies as beneficiary in trust for such purposes.

Source: Section 11123, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=INS§ionNum=11123. (updated Jan. 1, 1951; accessed Nov. 11, 2026).

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Up to date

Verified:
Nov. 11, 2026

§ 11123's source at ca.gov

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Location: https://california.public.law/codes/insurance_code_section_11123

Original Source: Section 11123, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=INS§ionNum=11123. (last accessed May 12, 2025).