California Legal Codes and Statutes

§ 11122

Amended by Stats. 1995, Ch. 166, Sec. 11. Effective January 1, 1996.

Any society may create, maintain, invest, disburse and apply any special fund or funds necessary to carry out any purpose permitted by the laws of the society. The funds may include hospital and help, sanitaria, home, thrift, pension for the society’s employees, patriotic, educational and relief funds, in accordance with the society’s laws.

Cite this section

Cal. Ins. Code § 11122 (2026)
https://ca.codecond.com/codes/ins/division-2-classes-of-insurance/part-2-life-and-disability-insurance/chapter-10-fraternal-benefit-societies/article-7-financial-matters/section-11122

Other sections in Article 7 - Financial Matters

§ 11120§ 11121§ 11122§ 11122.1§ 11123§ 11124§ 11125§ 11126§ 11127§ 11128…§ 11137§ 11138§ 11139§ 11140§ 11141§ 11142§ 11143§ 11144§ 11145§ 11146

This content is for reference, learning, and study purposes only. All legal text should be verified against the official California Legislative Information website, which is the authoritative source for California law. Data last processed: February 8, 2026.