{"data":{"id":"us-ca/ins-10509.932","jurisdiction":"us-ca","citation":"INS § 10509.932","heading":"","body":"The purpose of this act is to establish disclosure standards regarding the payment of life insurance benefits to a beneficiary by means of a retained asset account if a life insurance company offers consumers a retained asset account or establishes such an account as an alternative to the receipt of insurance proceeds by a single payment made directly to the beneficiary that satisfies all of the benefits owed to the beneficiary.","path":["Insurance Code - INS","DIVISION 2. CLASSES OF INSURANCE [1880. - 12880.8.]","PART 2. LIFE AND DISABILITY INSURANCE [10110. - 11549.]","CHAPTER 5. General Regulation of Life Insurers [10430. - 10509.946.]","ARTICLE 11. Life Insurance Proceeds Disclosure Act of 2011 [10509.930. - 10509.938.]"],"source_url":"https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zip","current_through":"2026-09-13","vintage":"","retrieved_at":"2026-09-14T05:56:33Z","sha256":"0ca77e4d7d79b837557cdd3b3b7bfac1c135fc64ca84cebe01952123f70cf43e","source_id":"us-ca","stale":false,"prev":"us-ca/ins-10509.931","next":"us-ca/ins-10509.933"},"notice":"GroundRules: Original legal text. Not legal advice."}