Section 11042 Of Article 4. Benefits From California Insurance Code >> Division 2. >> Part 2. >> Chapter 10. >> Article 4.
11042
. A society may provide for benefits on the lives of children
under 21 years of age and under the minimum age for adult membership
under the laws of the society at time of application therefor, upon
the application of some adult person, as its laws or rules may
provide, which benefits shall be in accordance with the provisions of
Section 11041. A society may, at its option, organize and operate
branches for such children. Membership and initiation in local lodges
shall not be required of such children, nor shall they have a voice
in the management of the society. Children insured under certificates
issued pursuant to this section may be transferred to and become
members of the adult branch of the society upon attaining the minimum
age for adult membership under the laws of the society.
If a society maintains a separate juvenile fund, it shall have the
right to provide in its laws or rules for the payment to the society'
s expense or general fund; provided, that no such society shall
transfer to such funds amounts collected for juvenile mortuary
benefits and the net accretions thereto. A society shall have full
power to provide for the fixing and readjusting, from time to time,
of the premiums and the designation and changing of designation of
beneficiaries and to provide in all other respects for the
regulation, government and control of such certificates and all
rights, obligations and liabilities incident thereto and in
connection therewith.