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2019 California Code
Insurance Code - INS
DIVISION 2 - CLASSES OF INSURANCE
PART 2 - LIFE AND DISABILITY INSURANCE
CHAPTER 10 - Fraternal Benefit Societies
ARTICLE 2 - Definitions
Section 10990.
Universal Citation: CA Ins Code § 10990 (2019)
10990.
Any incorporated society, order or supreme lodge, without capital stock, conducted solely for the benefit of its members and their beneficiaries and not for profit, operated on a lodge system with ritualistic form of work, having a representative form of government, and which makes provision for the payment of benefits in accordance with this chapter, is hereby declared to be a fraternal benefit society.
When used in this chapter, the word “society,” unless otherwise indicated, shall mean fraternal benefit society.
(Repealed and added by Stats. 1951, Ch. 1193.)
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