Cal. Ins. Code § 11095

Current through the 2023 Legislative Session.
Section 11095 - Society ordered liquidated

If the court orders the society liquidated, it shall be enjoined from carrying on any further business, whereupon the receiver of the society shall proceed at once to take possession of the books, papers, money and other assets of the society and, under the direction of the court, proceed forthwith to close the affairs of the society and to distribute its funds to those entitled thereto.

Ca. Ins. Code § 11095

Added by Stats. 1951, Ch. 1193.