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Chapter 1. Applicability and Definitions
27-11-1-0.3. Society Authorized to Transact Business Under Prior Law Not Required to Reincorporate; Renewal of Licenses - Sec. 0.3. (a) Any incorporated society authorized to transact business...
27-11-1-1. Application of Article - Sec. 1. This article applies to any incorporated society, order,...
27-11-1-2. Application of Definitions - Sec. 2. The definitions in this chapter apply throughout this...
27-11-1-3. "Benefit Contract" Defined - Sec. 3. "Benefit contract" means the agreement for provision of...
27-11-1-4. "Benefit Member" Defined - Sec. 4. "Benefit member" means an adult member who is...
27-11-1-5. "Certificate" Defined - Sec. 5. "Certificate" means the document issued as written evidence...
27-11-1-6. "Commissioner" Defined - Sec. 6. "Commissioner" refers to the insurance commissioner of this...
27-11-1-7. "Laws" Defined - Sec. 7. "Laws" means the society's articles of incorporation, constitution,...
27-11-1-8. "Lodge" Defined - Sec. 8. "Lodge" means a subordinate member unit of the...
27-11-1-9. "Premiums" Defined - Sec. 9. "Premiums" includes rates, dues, or other required contributions...
27-11-1-10. "Rules" Defined - Sec. 10. "Rules" means all rules, regulations, or resolutions adopted...
27-11-1-11. "Society" Defined - Sec. 11. "Society" refers to a fraternal benefit society to...
Chapter 2. Structure and Purpose
27-11-2-1. "Lodge System" Defined; Organization and Operation of Lodges for Children - Sec. 1. (a) A society is operating on the lodge...
27-11-2-2. Representative Form of Government - Sec. 2. A society has a representative form of government...
27-11-2-3. Operation for Benefit of Members and Beneficiaries - Sec. 3. A society shall operate for the benefit of...
27-11-2-4. Laws and Rules; Necessary and Incidental Powers - Sec. 4. Every society may adopt laws and rules for...
Chapter 3. Membership
27-11-3-1. Eligibility Standards; Admission Process; Rights and Privileges of Members; Social Members - Sec. 1. (a) A society shall specify in its laws...
27-11-3-2. Location of Principal Office; Meetings; Official Publication; Synopsis of Annual Statement; Grievance Procedures - Sec. 2. (a) The principal office of any domestic society...
27-11-3-3. Personal Liability of Officers and Members; Indemnification and Reimbursement of Certain Persons; Maintenance of Insurance on Certain Persons - Sec. 3. (a) The officers and members of the supreme...
27-11-3-4. Waiver of Provisions of Laws of the Society - Sec. 4. The laws of the society may provide that...
Chapter 4. Organization
27-11-4-1. Application of Chapter - Sec. 1. A domestic society organized after December 31, 1985,...
27-11-4-2. Organization of Fraternal Benefit Society; Articles of Incorporation - Sec. 2. Seven (7) or more citizens of the United...
27-11-4-3. Filing of Articles of Incorporation, Bylaws and Rules, Forms of Certificates, Circulars, and Bond - Sec. 3. Articles of incorporation, certified copies of the society's...
27-11-4-4. Preliminary Certificate of Authority; Expiration; Extension - Sec. 4. No preliminary certificate of authority granted under this...
27-11-4-5. Solicitation of Members; Liabilities Incurred Upon Receipt of Preliminary Certificate - Sec. 5. Upon receipt of a preliminary certificate of authority...
27-11-4-6. Certificate of Authority - Sec. 6. The commissioner may make an examination and require...
Chapter 5. Governance
27-11-5-1. Amendment of Laws of Domestic Society - Sec. 1. (a) A domestic society may amend its laws...
27-11-5-2. Operation of Not-for-Profit Institutions - Sec. 2. A society may create, maintain, and operate or...
27-11-5-3. Reinsurance Agreements - Sec. 3. (a) A domestic society may by a reinsurance...
27-11-5-4. Consolidation or Merger - Sec. 4. (a) A domestic society may consolidate or merge...
27-11-5-5. Conversion and Licensing as Mutual Life Insurance Company - Sec. 5. Any domestic fraternal benefit society may be converted...
Chapter 6. Contractual Benefits
27-11-6-1. Contractual Benefits - Sec. 1. (a) A society may provide the following contractual...
27-11-6-2. Beneficiaries of Benefit Contracts; Funeral Benefits; Failure to Designate Lawful Beneficiary - Sec. 2. (a) The owner of a benefit contract is...
27-11-6-3. Limitation on Use of Benefits to Pay Debts or Liabilities of Members, Beneficiaries, or Other Persons - Sec. 3. No money or other benefit, charity, relief, or...
27-11-6-4. Issuance of Certificate to Owner of Benefit Contract - Sec. 4. Every society authorized to do business in this...
27-11-6-5. Effect of Changes, Additions, or Amendments to Laws of Society Upon Owner and Beneficiaries of Benefit Contract - Sec. 5. Any changes, additions, or amendments to the laws...
27-11-6-6. Issuance of Benefit Contract Upon Life of a Minor - Sec. 6. Any person upon whose life a benefit contract...
27-11-6-7. Payment of Owner's Equitable Proportion of Deficiency Where Society's Reserves Are Impaired - Sec. 7. A society shall provide in its laws that...
27-11-6-8. Copies of Documents as Evidence of Terms and Conditions - Sec. 8. Copies of any of the documents mentioned in...
27-11-6-9. Filing of Copy of Certificate With Commissioner; Contents of Certificate - Sec. 9. A certificate shall not be delivered or issued...
27-11-6-10. Benefit Contract Issued on Life of a Minor; Transfer of Control of Ownership to the Insured - Sec. 10. Benefit contracts issued on the lives of persons...
27-11-6-11. Assignment of Benefit Contracts - Sec. 11. A society may specify the terms and conditions...
27-11-6-12. Cash Surrender Value, Loans, or Other Options - Sec. 12. (a) For certificates issued before January 1, 1987,...
Chapter 7. Financial Matters
27-11-7-1. Investments - Sec. 1. A society shall invest its funds only in...
27-11-7-2. Financial Affairs of Fraternal Benefit Societies - Sec. 2. (a) All assets shall be held, invested, and...
27-11-7-3. Law Governing Financial Matters - Sec. 3. Except as provided in this article, societies shall...
27-11-7-4. Designation as Charitable or Benevolent Institution - Sec. 4. Every society organized or licensed under this article...
Chapter 8. Regulation
27-11-8-1. Standards for Valuation of Certificates; Maintenance of Excess Reserves on Certificates - Sec. 1. (a) Standards of valuation for certificates issued before...
27-11-8-2. Annual Financial Statement - Sec. 2. (a) Reports shall be filed in accordance with...
27-11-8-3. Renewal of License; Fee - Sec. 3. The authority of all societies licensed may be...
27-11-8-4. Examination of Societies Transacting or Applying for Admission to Transact Business in Indiana; Expenses - Sec. 4. (a) The commissioner or any person the commissioner...
27-11-8-5. Requirements for Issuance of License to Transact Business in Indiana - Sec. 5. No foreign or alien society shall transact business...
27-11-8-6. Noncompliance With Limitations on Transaction of Business; Injunction; Hearing; Liquidation of Society; Receivership; Voluntary Determination to Discontinue Business - Sec. 6. (a) When the commissioner upon investigation finds that...
27-11-8-7. Noncompliance by Foreign or Alien Society; Suspension, Revocation, or Refusal of License - Sec. 7. (a) When the commissioner upon investigation finds that...
27-11-8-8. Application or Petition for Injunction - Sec. 8. No application or petition for injunction against any...
27-11-8-9. Licensing of Insurance Producers of Societies - Sec. 9. (a) Insurance producers of societies shall be licensed...
27-11-8-10. Unfair Competition; Unfair or Deceptive Acts or Practices - Sec. 10. Every society authorized to do business in Indiana...
Chapter 9. Miscellaneous Provisions
27-11-9-1. Appointment of Attorney for Service of Process; Method of Serving Process - Sec. 1. (a) Every society authorized to do business in...
27-11-9-2. Judicial Review of Decisions and Findings of Commissioner - Sec. 2. All decisions and findings of the commissioner made...
27-11-9-3. Violations - Sec. 3. (a) A person who knowingly makes any false...
27-11-9-4. Construction of Article - Sec. 4. (a) Nothing contained in this article shall be...