Insurance Code § 11123

ARTICLE 7. Financial Matters

Current as of September 28, 2026Ins. Code, § 11123Official source ↗

Repealed and added by Stats. 1951, Ch. 1193.

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.