Section 11090 Of Article 6. Powers Of Commissioner From California Insurance Code >> Division 2. >> Part 2. >> Chapter 10. >> Article 6.
11090
. Subject to the annual fee provisions as provided herein,
every certificate of authority issued to a fraternal benefit society
shall be for an indefinite term and shall expire with the expiration
or termination of the corporate existence of the holder thereof
unless sooner revoked by the commissioner. The commissioner shall
require the payment of two thousand nine hundred fifty dollars
($2,950) in lawful money of the United States, in advance as a fee
for filing an application for each original certificate of authority
authorizing any fraternal benefit society to transact insurance in
this state. Each society possessing a certificate of authority of
indefinite term shall owe and pay an annual fee of one hundred
seventy-seven dollars ($177) in lawful money of the United States in
advance on account of such certificate until its final expiration or
revocation. Such fee shall be for annual periods commencing on July
1st of each year, and ending on June 30th of each year, and shall be
due on each March 1st and shall be delinquent on and after each April
1st. A duly certified copy or duplicate of such certificate of
authority shall be prima facie evidence that the holder is a
fraternal benefit society within the meaning of this chapter.