Ins. Code, § 9089 · Chapter 7. Fraternal Fire Insurers
Ins. Code, § 9089
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
Such association by and in its own name may:
(a) Sue and be sued.
(b) Loan such funds as it has on hand in such manner as its articles of association and its by-laws provide.
(c) Own sufficient real property for its business purposes, and such other real property as it becomes necessary to purchase on foreclosure of its mortgages. Real estate obtained by such foreclosure shall be sold and conveyed within five years from the time title vests in the association.
(d) Make such by-laws, not inconsistent with the laws of this State, as are necessary for its government and for the transaction of its business.
Notes and commentary — not statutory text
History
Enacted by Stats. 1935, Ch. 145.
Source of truth
- Edition
- As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
- Official file
- https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=INS§ionNum=9089.
- Text hash
- sha256 74c306a395abacff6b027b9aa99c502d48effd3d267576c024bd2d4253731731
- Composed by
- compose_ca.py 2026-10-22: the Legislative Counsel's CAML content files read by a tokenizer (caml_readers.reader_a); an independent xml.etree reading (caml_readers.reader_b) agrees on every section
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.