Revised Code of Washington
Chapter 48.36A - Fraternal Benefit Societies.
48.36A.120 - Not-for-profit institutions authorized—Funeral homes prohibited.

RCW 48.36A.120
Not-for-profit institutions authorized—Funeral homes prohibited.

(1) A society may create, maintain, and operate, or establish organizations to operate, not-for-profit institutions to further the purposes permitted by RCW 48.36A.050(1)(b). The institutions may furnish services free or at a reasonable charge. Any real or personal property owned, held or leased by the society for this purpose shall be reported in every annual statement.
(2) No society shall own or operate funeral homes or undertaking establishments.

[ 1987 c 366 § 12.]

Structure Revised Code of Washington

Revised Code of Washington

Title 48 - Insurance

Chapter 48.36A - Fraternal Benefit Societies.

48.36A.010 - Fraternal benefit society defined.

48.36A.020 - Lodge system—Lodges for children.

48.36A.030 - Representative form of government.

48.36A.040 - Definitions.

48.36A.050 - Beneficial operations—Laws and rules.

48.36A.060 - Membership classes, rights, grievances.

48.36A.070 - Location of office and meetings—Official publications, annual statement.

48.36A.080 - Immunity of officers—Indemnification of person responsible—Insurance for liability.

48.36A.090 - Nonwaiver provisions.

48.36A.100 - Formation of domestic society—Procedures and requirements.

48.36A.110 - Amendment of society's laws.

48.36A.120 - Not-for-profit institutions authorized—Funeral homes prohibited.

48.36A.130 - Reinsurance.

48.36A.140 - Consolidation and merger.

48.36A.150 - Conversion to mutual life insurance company.

48.36A.160 - Contractual benefits.

48.36A.170 - Designation of beneficiary—Funeral benefits.

48.36A.180 - Protection of benefits.

48.36A.190 - Benefit certificates—Impaired reserves.

48.36A.200 - Paid-up nonforfeiture benefits and cash surrender values.

48.36A.210 - Authorized investments.

48.36A.220 - Assets—Investment and disbursement.

48.36A.230 - Chapter exclusive.

48.36A.240 - Funds tax exempt, exception.

48.36A.250 - Valuation standards—Reserves.

48.36A.260 - Annual financial statement.

48.36A.263 - Filing of financial statements.

48.36A.270 - Licenses and renewals—Fees—Existing societies.

48.36A.272 - Notice of intent to suspend, revoke, or refuse to renew a license.

48.36A.274 - Duration of suspension.

48.36A.276 - Reauthorization of license.

48.36A.278 - Notice to agents of loss of authority.

48.36A.280 - Examinations.

48.36A.282 - Transactions hazardous to certificate holders or creditors—Standards for consideration.

48.36A.284 - Determination of financial condition—Hazardous to certificate holders—Commissioner's order—Hearing.

48.36A.286 - Rehabilitation, liquidation, or conservation of society—Same as insurance companies—Priority of distribution of claims.

48.36A.290 - License required—Obtaining.

48.36A.310 - Deficiencies, noncompliance by societies—Actions against license.

48.36A.320 - Requirements for injunction.

48.36A.330 - Insurance producers.

48.36A.340 - Unfair trade practices.

48.36A.350 - Service of process upon commissioner.

48.36A.360 - Penalties.

48.36A.370 - Exemptions.

48.36A.380 - World War I societies.

48.36A.390 - Fraternal mutual insurers.

48.36A.400 - Fraternal mutual life insurers.

48.36A.410 - Review of commissioner's decisions and findings.

48.36A.901 - Effective date—1987 c 366.