California Codes > Insurance Code > Division 2 > Part 4 > Chapter 2 – Other Casualty Insurers on Reserve Basis; Capital Requirements and Permitted Insurances
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§ 12124 | An incorporated insurer that does not issue fire, marine, life, … |
Terms Used In California Codes > Insurance Code > Division 2 > Part 4 > Chapter 2 - Other Casualty Insurers on Reserve Basis; Capital Requirements and Permitted Insurances
- Beneficiary: means a person to whom a donative transfer of property is made or that person's successor in interest, and:
California Probate Code 24
- Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
- Property: means anything that may be the subject of ownership and includes both real and personal property and any interest therein. See California Probate Code 62
- Trust: includes the following:
California Probate Code 82
- Trustee: includes an original, additional, or successor trustee, whether or not appointed or confirmed by a court. See California Probate Code 84
- Trustee: A person or institution holding and administering property in trust.