Delaware Code
Title 18 - Insurance Code
Chapter 62. FRATERNAL BENEFIT SOCIETIES

Subchapter I. Structure and Purpose

§ 6201. Fraternal benefit societies. - Any incorporated society, order or supreme lodge, without capital stock,...

§ 6202. Lodge system. - (a) A society is operating on the lodge system if...

§ 6203. Representative form of government. - A society has a representative form of government when: (1)...

§ 6204. Terms used. - Whenever used in this chapter: (1) “Benefit contract” shall mean...

§ 6205. Purposes and powers. - (a) A society shall operate for the benefit of members...

Subchapter II. Membership

§ 6206. Qualifications for membership. - (a) A society shall specify in its laws or rules:...

§ 6207. Location of office, meetings, communications to members, grievance procedures. - (a) The principal office of any domestic society shall be...

§ 6208. No personal liability. - (a) The officers and members of the supreme governing body...

§ 6209. Waiver. - The laws of the society may provide that no subordinate...

Subchapter III. Governance

§ 6210. Organization. - A domestic society organized on or after January 1, 1997,...

§ 6211. Amendments to laws. - (a) A domestic society may amend its laws in accordance...

§ 6212. Institutions. - (a) A society may create, maintain and operate or may...

§ 6213. Reinsurance. - (a) A domestic society may, by a reinsurance agreement, cede...

§ 6214. Consolidations and mergers. - (a) A domestic society may consolidate or merge with any...

§ 6215. Conversion of fraternal benefit society into a mutual life insurance company. - Any domestic fraternal benefit society may be converted and licensed...

Subchapter IV. Contractual Benefits

§ 6216. Benefits. - (a) A society may provide the following contractual benefits in...

§ 6217. Beneficiaries. - (a) The owner of a benefit contract shall have the...

§ 6218. Benefits not attachable. - No money or other benefit, charity, relief or aid to...

§ 6219. The benefit contract. - (a) Every society authorized to do business in this State...

§ 6220. Nonforfeiture benefits, cash surrender values, certificate loans and other options. - (a) For certificates issued prior to January 1, 1988, the...

Subchapter V. Financial

§ 6221. Investments. - A society shall invest its funds only in such investments...

§ 6222. Funds. - (a) All assets shall be held, invested and disbursed for...

§ 6223. Exemptions; application of other code provisions. - (a) Except as herein provided, societies shall be governed by...

§ 6224. Taxation. - Every society organized or licensed under this chapter is hereby...

Subchapter VI. Regulation

§ 6225. Valuation. - (a) Standards of valuation for certificates issued prior to January...

§ 6226. Reports. - Reports shall be filed in accordance with the provisions of...

§ 6227. Annual license. - Societies which are now authorized to transact business in this...

§ 6228. Examination of societies; no adverse publications. - (a) The Commissioner, or any person he or she may...

§ 6229. Foreign or alien society — Admission. - No foreign or alien society shall transact business in this...

§ 6230. Injunction — Liquidation — Receivership of domestic society. - (a) When the Commissioner, upon investigation, finds that a domestic...

§ 6231. Suspension, revocation or refusal of license of foreign or alien society. - (a) When the Commissioner, upon investigation, finds that a foreign...

§ 6232. Injunction. - No application or petition for injunction against any domestic, foreign...

§ 6233. Licensing of agents. - (a) Agents of societies shall be licensed in accordance with...

§ 6234. Unfair methods of competition and unfair and deceptive acts and practices. - Every society authorized to do business in this State shall...

Subchapter VII. Miscellaneous

§ 6235. Service of process. - (a) Every society authorized to do business in this State...

§ 6236. Penalties. - (a) A person who shall knowingly or wilfully make any...

§ 6237. Exemption of certain societies. - (a) Nothing contained in this chapter shall be so construed...

§ 6238. Review. - All decisions and findings of the Commissioner made under this...