North Carolina General Statutes
Article 24 - Fraternal Benefit Societies.
§ 58-24-15 - Terms used.

58-24-15. Terms used.
Whenever used in this Article:
(a) "Benefit contract" shall mean the agreement for provision of benefits authorized by G.S. 58-24-75, as that agreement is described in G.S. 58-24-90(a).
(b) "Benefit member" shall mean an adult member who is designated by the laws or rules of the society to be a benefit member under a benefit contract.
(c) "Certificate" shall mean the document issued as written evidence of the benefit contract.
(d) "Premiums" shall mean premiums, rates, dues or other required contributions by whatever name known, which are payable under the certificate.
(e) "Laws" shall mean the society's articles of incorporation, constitution and bylaws, however designated.
(f) "Rules" shall mean all rules, regulations or resolutions adopted by the supreme governing body or board of directors which are intended to have general application to the members of the society.
(g) "Society" shall mean fraternal benefit society, unless otherwise indicated.
(h) "Lodge" shall mean subordinate member units of the society, known as camps, courts, councils, branches or by any other designation. (1987, c. 483, s. 2.)

Structure North Carolina General Statutes

North Carolina General Statutes

Chapter 58 - Insurance

Article 24 - Fraternal Benefit Societies.

§ 58-24-1 - Fraternal benefit societies.

§ 58-24-5 - Lodge system.

§ 58-24-10 - Representative form of government.

§ 58-24-15 - Terms used.

§ 58-24-20 - Purposes and powers.

§ 58-24-25 - Qualifications for membership.

§ 58-24-30 - Location of office, meetings, communications to members, grievance procedures.

§ 58-24-35 - No personal liability.

§ 58-24-40 - Waiver.

§ 58-24-45 - Organization.

§ 58-24-50 - Amendments to laws.

§ 58-24-55 - Institutions.

§ 58-24-60 - Reinsurance.

§ 58-24-65 - Consolidations and mergers.

§ 58-24-70 - Conversion of fraternal benefit society into mutual life insurance company.

§ 58-24-75 - Benefits.

§ 58-24-80 - Beneficiaries.

§ 58-24-85 - Benefits not attachable.

§ 58-24-90 - The benefit contract.

§ 58-24-95 - Nonforfeiture benefits, cash surrender values, certificate loans and other options.

§ 58-24-100 - Investments.

§ 58-24-105 - Funds.

§ 58-24-110 - Exemptions.

§ 58-24-115 - Taxation.

§ 58-24-120 - Valuation.

§ 58-24-125 - Reports.

§ 58-24-130 - Perpetual license.

§ 58-24-135 - Examination of societies; no adverse publications.

§ 58-24-140 - Foreign or alien society Admission.

§ 58-24-145 - Injunction - Liquidation - Receivership of domestic society.

§ 58-24-150 - Suspension, revocation or refusal of license of foreign or alien society.

§ 58-24-155 - Injunction.

§ 58-24-160 - Licensing of agents.

§ 58-24-165 - Unfair methods of competition and unfair and deceptive acts and practices.

§ 58-24-170 - Service of process.

§ 58-24-175 - Review.

§ 58-24-180 - Penalties.

§ 58-24-185 - Exemption of certain societies, orders, and associations.

§ 58-24-190 - Severability.