Missouri Revised Statutes
Chapter 378 - Fraternal Benefit Societies
Section 378.611 - Amendment of laws, procedures — amendments furnished to members.

Effective - 01 Jan 1993
378.611. Amendment of laws, procedures — amendments furnished to members. — 1. A domestic society may amend its laws in accordance with the provisions thereof by action of its supreme governing body at any regular or special meeting thereof or, if its laws so provide, by referendum. Such referendum may be held in accordance with the provisions of its laws by the vote of the voting members of the society, by the vote of delegates or representatives of voting members or by the vote of local lodges. A society may provide for voting by mail. No amendment submitted for adoption by referendum shall be adopted unless, within six months from the date of submission thereof, a majority of the members voting shall have signified their consent to such amendment by one of the methods herein specified.
2. No amendment to the laws of any domestic society shall take effect unless approved by the director who shall approve such amendment if the director finds that it has been duly adopted and is not inconsistent with any requirement of the laws of this state or with the character, objects and purposes of the society. Unless the director shall disapprove any such amendment within sixty days after the filing of same, such amendment shall be considered approved. The approval or disapproval of the director shall be forwarded in writing, and mailed to the secretary or corresponding officer of the society at its principal office. In case the director disapproves such amendment, the reasons therefor shall be stated in such written notice.
3. Within ninety days from the approval thereof by the director, all such amendments, or a synopsis thereof, shall be furnished to all members of the society either by mail or by publication in full in the official publication of the society. The affidavit of any officer of the society or of anyone authorized by it to mail any amendments or synopsis thereof, stating facts which show that same have been duly addressed and mailed, shall be prima facie evidence that such amendments or synopsis thereof, have been furnished the addressees.
4. Every foreign or alien society authorized to do business in this state shall file with the director a duly certified copy of all amendments of, or additions to, its laws within ninety days after the enactment of same.
5. Printed copies of the laws as amended, certified by the secretary or corresponding officer of the society, shall be prima facie evidence of the legal adoption thereof.
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(L. 1992 S.B. 831)
Effective 1-01-93

Structure Missouri Revised Statutes

Missouri Revised Statutes

Title XXIV - Business and Financial Institutions

Chapter 378 - Fraternal Benefit Societies

Section 378.601 - Fraternal benefit society, defined.

Section 378.602 - Lodge system, requirements — children's wages permitted, limitation.

Section 378.603 - Representative form of government, requirements.

Section 378.604 - Definitions.

Section 378.605 - Operation, purpose — laws and rules, power to adopt.

Section 378.606 - Laws and rules, requirements — membership rights nonassignable.

Section 378.607 - Principal office, meetings, location — official publication, annual statement, requirements.

Section 378.608 - Liability, immunity from, when — indemnification, when — insurance, purchase of for officers allowed.

Section 378.609 - Waiver of laws, restriction on, when.

Section 378.610 - Organization of, how — articles of incorporation, contents — filing — membership requirements.

Section 378.611 - Amendment of laws, procedures — amendments furnished to members.

Section 378.612 - Society may operate nonprofit organizations — may not own funeral home.

Section 378.613 - Reinsurance agreements, allowed — limitations.

Section 378.614 - Merger or consolidation, allowed when — requirements — approval of director required — effects.

Section 378.615 - Conversion to mutual life insurance company, allowed when.

Section 378.616 - Benefits authorized — rules to specify allowable beneficiaries.

Section 378.617 - Change of beneficiary, allowed — funeral benefits, payment of, limitation — no beneficiary, effect.

Section 378.619 - Certificate of ownership, issued to owner, when, contents — life benefit contract, minor effects — impairment of class of certificates, effects — filing with director, when — minor, transfer of control of contract to, when.

Section 378.620 - Cash surrender value of certificate, computation of.

Section 378.621 - Investment of funds.

Section 378.622 - Assets, use of — variable basis contracts, allowed when.

Section 378.623 - Application of law — exemption from insurance laws.

Section 378.624 - Taxation of societies, exemptions.

Section 378.625 - Valuation of certificates, standards — reserves, excess permitted.

Section 378.626 - Statement of financial condition, contents, filing — penalty.

Section 378.627 - Annual renewal required.

Section 378.628 - Examination, director may conduct — expenses.

Section 378.629 - Foreign society to have license, requirements.

Section 378.630 - Powers of director to order changes, when — may enjoin further business, when, duration — liquidation, effect.

Section 378.631 - Foreign society, director may enjoin business, when.

Section 378.632 - Injunction, who may file.

Section 378.633 - Agents, licensing of — persons not deemed agents.

Section 378.634 - Unfair practices and frauds, subject to law — exception.

Section 378.635 - Service of process, director to be agent for.

Section 378.638 - Fraudulent acts, penalties.

Section 378.640 - Law not applicable to certain societies, when — specific exemptions.

Section 378.642 - Severability clause.

Section 378.645 - Review of director's decisions, how.