District of Columbia Code
Chapter 53 - Fraternal Benefit Societies
§ 31–5314. Beneficiaries

(a) The owner of a benefit contract shall have the right at all times to change the beneficiary or beneficiaries in accordance with the laws or rules of the society unless the owner waives this right by specifically requesting in writing that the beneficiary designation be irrevocable. A society may, through its laws or rules, limit the scope of beneficiary designations and shall provide that no revocable beneficiary shall have or obtain any vested interest in the proceeds of any certificate until the certificate has become due and payable in conformity with the provisions of the benefit contract.
(b) A society may make provision for the payment of funeral benefits to the extent the portion of any payment under a certificate as might reasonably appear to be due to any person equitably entitled thereto by reason of having incurred expense occasioned by the burial of the member. The portion so paid shall not exceed $2,000.
(c) If, at the death of any person insured under a benefit contract, there is no lawful beneficiary to whom the proceeds shall be payable, the amount of the benefit, except to the extent that funeral benefits may be paid as provided in subsection (b) of this section, shall be payable to the estate of the deceased insured in the same manner as other property not exempt. If the owner of the certificate is other than the insured, the proceeds shall be payable to the owner.
(Apr. 29, 1998, D.C. Law 12-86, § 1215, 45 DCR 1172.)
1981 Ed., § 35-1244.

Structure District of Columbia Code

District of Columbia Code

Title 31 - Insurance and Securities

Chapter 53 - Fraternal Benefit Societies

§ 31–5301. Definitions

§ 31–5302. Operation for benefit of members and their beneficiaries; bylaws

§ 31–5303. Qualifications for membership

§ 31–5304. Location of office

§ 31–5305. Liability of officers and members

§ 31–5306. Waiver of laws

§ 31–5307. Organization of societies

§ 31–5308. Laws; amendments

§ 31–5309. Operations of nonprofit institutions

§ 31–5310. Reinsurance

§ 31–5311. Consolidations and mergers

§ 31–5312. Conversion of fraternal benefit society into a mutual life insurance company

§ 31–5313. Benefits

§ 31–5314. Beneficiaries

§ 31–5315. Benefits not attachable

§ 31–5316. Benefit contracts

§ 31–5317. Nonforfeiture benefits, cash surrender values, certificate loans, and other options

§ 31–5318. Investments

§ 31–5319. Funds

§ 31–5320. Taxation

§ 31–5321. Applicability of provisions

§ 31–5322. Valuation standards for certificates

§ 31–5323. Reports

§ 31–5324. Annual license

§ 31–5325. Examination of societies; no adverse publications

§ 31–5326. Foreign or alien society; admission

§ 31–5327. Injunction; liquidation; receivership of domestic society

§ 31–5328. Suspension; revocation or refusal of license of foreign or alien society

§ 31–5329. Injunction

§ 31–5330. Licensing of agents

§ 31–5331. Unfair methods of competition; unfair and deceptive acts and practices

§ 31–5332. Penalties

§ 31–5333. Exemption of certain societies

§ 31–5334. Review

§ 31–5335. Severability