§4115. Benefits on lives of children
A society may provide for benefits on the lives of children under the minimum age for adult membership but not greater than 18 years of age at time of application therefor, upon the application of some adult person, as its laws or rules may provide, which benefits shall be in accordance with the provisions of section 4114, subsection 1. A society may, at its option, organize and operate branches for such children. Membership and initiation in local lodges shall not be required of such children, nor shall they have a voice in the management of the society. [PL 1971, c. 598, §52 (AMD).]
A society shall have power to provide for the designation and changing of designation of beneficiaries in the certificates providing for such benefits and to provide in all other respects for the regulation, government and control of such certificates and all rights, obligations and liabilities incident thereto and connected therewith. [PL 1969, c. 132, §1 (NEW).]
SECTION HISTORY
PL 1969, c. 132, §1 (NEW). PL 1969, c. 433, §64 (AMD). PL 1971, c. 598, §52 (AMD).
Structure Maine Revised Statutes
TITLE 24-A: MAINE INSURANCE CODE
Chapter 55: FRATERNAL BENEFIT SOCIETIES
24-A §4101. Fraternal benefit societies defined
24-A §4102. Lodge system defined
24-A §4103. Representative form of government defined
24-A §4105. Corporate powers retained
24-A §4106. Voluntary associations
24-A §4107. Location of office -- place of meeting
24-A §4108. Consolidations and mergers
24-A §4109. Conversion of fraternal benefit society into mutual life insurance company
24-A §4110. Qualifications for membership
24-A §4111. Articles of incorporation, constitution and laws -- amendments
24-A §4113. No personal liability
24-A §4115. Benefits on lives of children
24-A §4116. Nonforfeiture benefits, cash surrender values, certificate loans and other options
24-A §4118. Benefits not attachable
24-A §4120. Life benefit certificate provisions, standard and prohibited
24-A §4121. Accident and health insurance and total and permanent disability insurance certificates
24-A §4121-A. Acquired Immune Deficiency Syndrome
24-A §4125. Foreign or alien society -- admission
24-A §4126. Injunction -- liquidation -- receivership of domestic society
24-A §4127-A. Suspension, revocation or refusal of license of foreign or alien society
24-A §4128. Licensing of agents
24-A §4129. Service of process
24-A §4134. Reports and valuations
24-A §4135. Examination of domestic societies
24-A §4136. Examination of foreign and alien societies
24-A §4137. No adverse publications
24-A §4138. Misrepresentation (REPEALED)
24-A §4138-A. Enforcement; unfair methods of competition and unfair and deceptive acts and practices
24-A §4139. Discrimination and rebates (REPEALED)
24-A §4139-A. Funeral service contracts