California Legal Codes and Statutes

§ 11123

Repealed and added by Stats. 1951, Ch. 1193.

Any such society may own real estate and buildings within or without the state of its incorporation, for any purposes for which it may use funds. It may receive gifts and bequests for such purposes and may be named in policies as beneficiary in trust for such purposes.

Cite this section

Cal. Ins. Code § 11123 (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-11123

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.