Earlier editions: 2020-112018-11
DIVISION 2. CLASSES OF INSURANCE 1880-12880.8›PART 2. LIFE AND DISABILITY INSURANCE 10110-11549›CHAPTER 10. Fraternal Benefit Societies 10970-11165›ARTICLE 6. Powers of Commissioner 11090-11112
§ 11092
California Insurance Code · 2026 edition · updated 2026-10-04 · California
The commissioner shall act as prescribed in Section 11093 when upon investigation he finds that a domestic society:
(a) Has exceeded its power;
(b) Has failed to comply with any provision of this chapter;
(c) Is not fulfilling its contracts in good faith;
(d) Has a membership of less than 400 after an existence of one year; or
(e) Is transacting business fraudulently or in a manner hazardous to its members, creditors, the public or the business.
(Repealed and added by Stats. 1951, Ch. 1193.)
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