Section 11017 Of Article 3. Organization From California Insurance Code >> Division 2. >> Part 2. >> Chapter 10. >> Article 3.
11017
. After September 21, 1952, no unincorporated or voluntary
association shall be permitted to transact business in this State as
a fraternal benefit society under this chapter.
Any domestic voluntary association now authorized to transact
business in this State may incorporate when:
(a) It shall have completed its conversion to an incorporated
society, not later than one year after the effective date of this
chapter;
(b) It has filed its articles of incorporation and has satisfied
the other requirements prescribed in this article; and
(c) The commissioner shall have made such examination and procured
whatever additional information he shall deem advisable.
Every voluntary association so incorporated shall incur the
obligations and enjoy the benefits thereof the same as though
originally incorporated, and such corporation shall be deemed a
continuation of the original voluntary association. The officers
thereof shall serve through their respective terms as provided in its
original articles of association, but their successors shall be
elected and serve as provided in its articles of incorporation.
Incorporation of a voluntary association shall not affect existing
suits, claims or contracts.