Every society shall invest its funds only in securities permitted by the laws of this state for the investment of the assets of life insurance companies, and such securities shall be valued according to the methods used in valuing similar securities held by life insurance companies. Any foreign society permitted or seeking to do business in this state, which invests its funds in accordance with the laws of the state in which it is incorporated, shall be held to meet the requirements of this chapter for the investment of funds.
Structure Mississippi Code
Chapter 29 - Fraternal Societies
§ 83-29-1. Fraternal benefit societies defined
§ 83-29-3. Lodge system defined
§ 83-29-5. Representative form of government defined
§ 83-29-11. Members and beneficiaries
§ 83-29-25. Mergers and transfers
§ 83-29-29. Admission of foreign society
§ 83-29-31. Power of attorney and service of process
§ 83-29-35. No personal liability
§ 83-29-37. Waiver of the provisions of the laws
§ 83-29-39. Benefit not attachable
§ 83-29-41. Constitution and laws
§ 83-29-45. Examination of domestic societies
§ 83-29-47. Application for receiver, etc.
§ 83-29-49. Examination of foreign societies
§ 83-29-51. No adverse publications
§ 83-29-53. Revocation of license
§ 83-29-55. Certain societies not affected
§ 83-29-61. Fraternal benefit societies must give bond
§ 83-29-63. Suit and judgment on bond
§ 83-29-65. Society must make up all delinquencies
§ 83-29-67. Separate expense fund must be provided
§ 83-29-69. Authority of fraternal orders revoked for failure to pay judgments
§ 83-29-71. Conversion of fraternal benefit societies into stock companies
§ 83-29-73. Fraternal societies may insure children
§ 83-29-75. Conditions under which certificates to be issued