California Law (Last Updated: March 4, 2014) |
Insurance Code - INS |
Division 2. CLASSES OF INSURANCE |
Part 2. LIFE AND DISABILITY INSURANCE |
Chapter 10. Fraternal Benefit Societies |
ARTICLE 7. Financial Matters |
Section 11126.
Latest version.
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An admitted foreign society shall invest its funds either under the same restrictions as domestic societies or in accordance with the laws of the state in which it is incorporated. Any admitted foreign society may deposit securities in accordance with the laws of any state.
(Added by Stats. 1951, Ch. 1193.)