Cal. Insurance Code § 11124

California · California Insurance Code · Status: effective

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Citation: Cal. Insurance Code § 11124, California, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/880706
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Unless otherwise provided in the contracts of the members, such funds shall be held, invested, and disbursed for the use and benefit of the society, and no member or beneficiary shall have or acquire individual rights therein or become entitled to any apportionment thereof.