Domestic societies delinquent with their beneficiaries for death claims must show an improvement by annually decreasing the amount of same not less than five percent (5%). Failure to do so shall subject them to a revocation of their license.
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