North Carolina General Statutes
Chapter 58 - Insurance
Article 24 - Fraternal Benefit Societies.

§ 58-24-1 - Fraternal benefit societies. - 58-24-1. Fraternal benefit societies. Any incorporated society, order or supreme...

§ 58-24-5 - Lodge system. - 58-24-5. Lodge system. (a) A society is operating on the...

§ 58-24-10 - Representative form of government. - 58-24-10. Representative form of government. A society has a representative...

§ 58-24-15 - Terms used. - 58-24-15. Terms used. Whenever used in this Article: (a) "Benefit...

§ 58-24-20 - Purposes and powers. - 58-24-20. Purposes and powers. (a) A society shall operate for...

§ 58-24-25 - Qualifications for membership. - 58-24-25. Qualifications for membership. (a) A society shall specify in...

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

§ 58-24-35 - No personal liability. - 58-24-35. No personal liability. (a) The officers and members of...

§ 58-24-40 - Waiver. - 58-24-40. Waiver. The laws of the society may provide that...

§ 58-24-45 - Organization. - 58-24-45. Organization. A domestic society organized on or after January...

§ 58-24-50 - Amendments to laws. - 58-24-50. Amendments to laws. (a) A domestic society may amend...

§ 58-24-55 - Institutions. - 58-24-55. Institutions. A society may create, maintain and operate, or...

§ 58-24-60 - Reinsurance. - 58-24-60. Reinsurance. (a) A domestic society may, by a reinsurance...

§ 58-24-65 - Consolidations and mergers. - 58-24-65. Consolidations and mergers. (a) A domestic society may consolidate...

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

§ 58-24-75 - Benefits. - 58-24-75. Benefits. (a) A society may provide the following contractual...

§ 58-24-80 - Beneficiaries. - 58-24-80. Beneficiaries. (a) The owner of a benefit contract shall...

§ 58-24-85 - Benefits not attachable. - 58-24-85. Benefits not attachable. No money or other benefit, charity,...

§ 58-24-90 - The benefit contract. - 58-24-90. The benefit contract. (a) Every society authorized to do...

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

§ 58-24-100 - Investments. - 58-24-100. Investments. A society shall invest its funds only in...

§ 58-24-105 - Funds. - 58-24-105. Funds. (a) All assets shall be held, invested and...

§ 58-24-110 - Exemptions. - 58-24-110. Exemptions. Except as herein provided, societies shall be governed...

§ 58-24-115 - Taxation. - 58-24-115. Taxation. Every society organized or licensed under this Article...

§ 58-24-120 - Valuation. - 58-24-120. Valuation. (a) Standards of valuation for certificates issued prior...

§ 58-24-125 - Reports. - 58-24-125. Reports. Reports shall be filed in accordance with the...

§ 58-24-130 - Perpetual license. - 58-24-130. Perpetual license. Subject to timely payment of the annual...

§ 58-24-135 - Examination of societies; no adverse publications. - 58-24-135. Examination of societies; no adverse publications. (a) The Commissioner,...

§ 58-24-140 - Foreign or alien society Admission. - 58-24-140. Foreign or alien society - Admission. No foreign or...

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

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

§ 58-24-155 - Injunction. - 58-24-155. Injunction. No application or petition for injunction against any...

§ 58-24-160 - Licensing of agents. - 58-24-160. Licensing of agents. (a) Agents of societies shall be...

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

§ 58-24-170 - Service of process. - 58-24-170. Service of process. (a) Every society authorized to do...

§ 58-24-175 - Review. - 58-24-175. Review. All decisions and findings of the Commissioner made...

§ 58-24-180 - Penalties. - 58-24-180. Penalties. (a) Any person, officer, member, or examining physician...

§ 58-24-185 - Exemption of certain societies, orders, and associations. - 58-24-185. Exemption of certain societies, orders, and associations. (a) Nothing...

§ 58-24-190 - Severability. - 58-24-190. Severability. If any provision of this Article or the...