§ 10972
138 words·~1 min read·
/ca/insurance-code/10972A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(1)A lodge operating under the lodge system, as this term is used in Section 10971, shall have all of the following characteristics:
(a)It is organized without capital stock.
(b)It is organized and operated solely for the benefit of its members or their beneficiaries and not for profit.
(c)It has a lodge system and representative form of government within the meaning of Section 10992, holds regular meetings at periodical intervals, and has a ritualistic form of work, and it has not less than 10 subordinate branches with more than a total of 1,000 dues-paying, active members in good standing.
(2)Any lodge, subordinate branch or association otherwise covered by Section 10971, which issues to any person a policy or certificate providing for the payment of benefits, shall comply with all the requirements of this chapter.