Minnesota Statutes
Chapters 59A - 79A — Insurance
Chapter 64B — Fraternal Benefit Societies

Section 64B.01 — Fraternal Benefit Societies. - Any incorporated society, order, or supreme lodge, without capital stock,...

Section 64B.02 — Lodge System. - Subdivision 1. Definition. A society is operating on the lodge...

Section 64B.03 — Representative Form Of Government. - (a) A society has a representative form of government when...

Section 64B.04 — Terms Used. - For the purposes of this chapter, the following terms have...

Section 64B.05 — Purposes And Powers. - Subdivision 1. Purposes. A society shall operate for the benefit...

Section 64B.06 — Qualifications For Membership. - Subdivision 1. Qualifications. A society shall specify in its laws...

Section 64B.07 — Location Of Office, Meetings, Communications To Members, Grievance Procedures. - Subdivision 1. Location of office; meetings. The principal office of...

Section 64B.08 — Personal Liability; Indemnification; Insurance; Advances. - Subdivision 1. No personal liability. The officers and members of...

Section 64B.09 — Waiver. - The laws of the society may provide that no subordinate...

Section 64B.10 — Organization. - Subdivision 1. Regulation. A domestic society organized on or after...

Section 64B.11 — Amendments To Laws. - Subdivision 1. Amendment procedure. A domestic society may amend its...

Section 64B.12 — Institutions. - A society may create, maintain, and operate, or may establish...

Section 64B.13 — Reinsurance. - (a) A domestic society may, by a reinsurance agreement, cede...

Section 64B.14 — Consolidations And Mergers. - Subdivision 1. Requirements. A domestic society may consolidate or merge...

Section 64B.15 — Conversion Of Fraternal Benefit Society Into Mutual Life Insurance Company. - A domestic fraternal benefit society may be converted and licensed...

Section 64B.16 — Benefits. - Subdivision 1. Scope. A society may provide the following contractual...

Section 64B.17 — Beneficiaries. - Subdivision 1. Change; eligibility; rights. The owner of a benefit...

Section 64B.18 — Benefits Not Attachable. - The cash value, proceeds, or benefits under any matured or...

Section 64B.19 — Benefit Contract. - Subdivision 1. Certificate. Every society authorized to do business in...

Section 64B.20 — Nonforfeiture Benefits, Cash Surrender Values, Certificate Loans, And Other Options. - Subdivision 1. Prior certificates. For certificates issued prior to one...

Section 64B.21 — Investments. - A society shall invest its funds only in investments authorized...

Section 64B.22 — Funds. - Subdivision 1. Assets. All assets shall be held, invested, and...

Section 64B.23 — Exemptions. - Subdivision 1. Application of chapter. Except as herein provided, the...

Section 64B.24 — Taxation. - Fraternal benefit societies are declared to be charitable institutions, and...

Section 64B.25 — Valuation. - Subdivision 1. Prior certificates. Standards of valuation for certificates issued...

Section 64B.26 — Reports. - Reports shall be filed in accordance with the provisions of...

Section 64B.27 — Annual License. - Societies that are now authorized to transact business in this...

Section 64B.28 — Examination Of Societies; No Adverse Publications. - Subdivision 1. Procedure. The commissioner, or any person the commissioner...

Section 64B.29 — Foreign Or Alien Society; Admission. - No foreign or alien society shall transact business in this...

Section 64B.30 — Domestic Associations; Examination; Rehabilitation; Dissolution. - Subdivision 1. Visitation and examination. The commissioner, or any person...

Section 64B.31 — Suspension, Revocation, Or Refusal Of License Of Foreign Or Alien Society. - Subdivision 1. Grounds for revocation. When the commissioner upon investigation...

Section 64B.32 — Injunction. - No application or petition for injunction against any domestic, foreign,...

Section 64B.33 — Licensing Of Agents. - Agents of societies shall be licensed in accordance with the...

Section 64B.34 — Unfair Methods Of Competition And Unfair And Deceptive Acts And Practices. - Every society authorized to do business in this state shall...

Section 64B.35 — Service Of Process. - Subdivision 1. Appointment of commissioner as attorney. Every society authorized...

Section 64B.36 — Review. - All decisions and findings of the commissioner made under the...

Section 64B.37 — Penalties. - Subdivision 1. Violations generally. Any person violating the provisions of...

Section 64B.38 — Certain Organizations Exempt. - Subdivision 1. Application of chapter. Nothing contained in this chapter...

Section 64B.39 — Beneficiary Associations. - Subdivision 1. Definitions. "Beneficiary association" means a corporation, society, or...

Section 64B.40 — Definitions. - Subdivision 1. Scope. For the purposes of sections 64B.40 to...

Section 64B.41 — Risk-based Capital Reports. - Subdivision 1. General requirements. Every society shall, on or before...

Section 64B.42 — Fraternal Action Level Event. - Subdivision 1. Definition. "Fraternal action level event" means, with respect...

Section 64B.43 — Fraternal Authorized Control Level Event; Domestic Societies. - Subdivision 1. Definitions. (a) For purposes of this section, the...

Section 64B.44 — Hearings. - Upon notification to a society by the commissioner: (1) that...

Section 64B.45 — Prohibition On Announcements. - Except as otherwise required under sections 64B.40 to 64B.48, the...

Section 64B.46 — Supplemental Provisions. - Sections 64B.40 to 64B.48 are supplemental to other laws of...

Section 64B.47 — Immunity. - There is no liability on the part of, and no...

Section 64B.48 — Notices. - All notices by the commissioner to a society that may...