Section 11010 Of Article 3. Organization From California Insurance Code >> Division 2. >> Part 2. >> Chapter 10. >> Article 3.
11010
. Seven or more United States citizens, a majority of whom are
citizens of this state, who desire to form a fraternal benefit
society, may make, sign, and acknowledge articles of incorporation
before an officer competent to take acknowledgment of deeds. The
articles of incorporation shall state:
(a) The proposed corporate name of the society, which shall not so
closely resemble the name of any society or insurance company as to
be misleading or confusing.
(b) The purposes for which it is being formed, and the mode in
which its corporate powers are to be exercised.
The purposes shall not include more liberal powers than are
granted by this chapter, provided that any lawful, social,
intellectual, educational, charitable, benevolent, moral, fraternal,
or religious purposes shall be set forth among the purposes of the
society.
(c) The names and residences of the incorporators, and the names,
residences and official titles of all the officers, trustees,
directors, or other persons who are to have and exercise the general
control of the management of the affairs and funds of the society for
the first year, or until the ensuing election at which all officers
shall be elected by the supreme legislative or governing body. The
election shall be held within one year of the date of the issuance of
the permanent certificate.