Mississippi Code
Chapter 29 - Fraternal Societies
§ 83-29-69. Authority of fraternal orders revoked for failure to pay judgments

If a judgment shall be rendered by any court in this state against any fraternal order and such judgment shall not be paid and satisfied within ninety (90) days after the same shall have become final, it shall be the imperative duty of the insurance commissioner, immediately upon being advised that such judgment has not been paid or satisfied within the time named, to revoke any and every authority granted to such fraternal order, or any agent thereof, to transact any business in this state. No such fraternal order, or agent thereof, shall thereafter transact any business in this state until again duly licensed, and in case of such revocation no renewal license or certificate of authority to transact business in this state shall be granted to such fraternal order for three (3) years after such revocation. Whenever such license or certificate of authority shall be revoked, the insurance commissioner shall publish such revocation in some newspaper published in this state.

Structure Mississippi Code

Mississippi Code

Title 83 - Insurance

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

§ 83-29-7. Exemptions

§ 83-29-11. Members and beneficiaries

§ 83-29-13. Certificate

§ 83-29-17. Investments

§ 83-29-21. Organization

§ 83-29-23. Powers retained

§ 83-29-25. Mergers and transfers

§ 83-29-27. Annual license

§ 83-29-29. Admission of foreign society

§ 83-29-31. Power of attorney and service of process

§ 83-29-33. Place of meeting

§ 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

§ 83-29-43. Annual reports

§ 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

§ 83-29-57. Taxation

§ 83-29-59. Penalties

§ 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