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DIVISION 2. CLASSES OF INSURANCE 1880-12880.6›PART 2. LIFE AND DISABILITY INSURANCE 10110-11549›CHAPTER 10. Fraternal Benefit Societies 10970-11165›ARTICLE 7. Financial Matters 11120-11146

§ 11122

California Insurance Code · 2020-11 edition · updated 2026-10-04 · California

Any society may create, maintain, invest, disburse and apply any special fund or funds necessary to carry out any purpose permitted by the laws of the society. The funds may include hospital and help, sanitaria, home, thrift, pension for the society’s employees, patriotic, educational and relief funds, in accordance with the society’s laws.

(Amended by Stats. 1995, Ch. 166, Sec. 11. Effective January 1, 1996.)

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California Insurance Code

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