Section 11097.  


Latest version.
  • The commissioner shall act as prescribed in Section 11098 when upon investigation he finds that a foreign or alien society transacting or applying to transact business in this State:

    (a) Has exceeded its powers;

    (b) Has failed to comply with any provisions of this chapter;

    (c) Is not fulfilling its contracts in good faith; or

    (d) Is conducting its business fraudulently or in a manner hazardous to its members or creditors or the public.

(Added by Stats. 1951, Ch. 1193.)