Section 10976 Of Article 1. Scope Of Chapter From California Insurance Code >> Division 2. >> Part 2. >> Chapter 10. >> Article 1.
10976
. Any incorporated fraternal benefit society engaged on July
29, 1911, in transacting business in this State may exercise all of
the rights conferred by this chapter, and all of the rights, powers
and privileges not inconsistent with this chapter, which were
theretofore exercised or possessed by it under its charter. Any
unincorporated fraternal benefit society thus engaged may incorporate
hereunder.
A society already incorporated shall not be required to
reincorporate hereunder. Any such society may amend its articles of
incorporation. All such amendments shall be filed with the
commissioner and shall become operative upon such filing, unless a
later time is otherwise provided.