South Carolina Code of Laws
Chapter 38 - Fraternal Benefit Societies
Section 38-38-220. Amendment of bylaws; notice to director.

(A) A domestic society may amend its bylaws, in accordance with the provisions of its bylaws, by action of its supreme governing body at a regular or special meeting or, if its bylaws provide, by referendum. The referendum may be held in accordance with the provisions of its bylaws 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. An amendment submitted for adoption by referendum may not be adopted unless, within six months from the date of submission, a majority of the members voting have signified their consent to the amendment by one of the methods specified.
(B) An amendment to the bylaws of a domestic society may not take effect unless approved by the director or his designee who shall approve the amendment if he finds that it has been adopted and is not inconsistent with any requirement of the laws of this State or with the character, objects, and purposes of the society. The approval or disapproval of the director or his designee must be forwarded in writing and mailed to the secretary or corresponding officer of the society at its principal office. If the director or his designee disapproves the amendment, the reasons for the disapproval must be stated in the written notice.
(C) Within ninety days from approval by the director or his designee, all amendments, or a synopsis of the amendments, must 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 an officer of the society or of anyone authorized by it to mail amendments or synopses, stating facts which show that the amendments or synopses have been addressed and mailed, is prima facie evidence that the amendments or synopses have been furnished the addressee.
(D) Every foreign or alien society authorized to do business in this State must file with the director or his designee a certified copy of all amendments of, or additions to, its bylaws within ninety days after the enactment of the bylaws or additions to the bylaws.
(E) Printed copies of the bylaws as amended, certified by the secretary or corresponding officer of the society, are prima facie evidence of the legal adoption of the amended bylaws.
HISTORY: 2000 Act No. 259, Section 1.

Structure South Carolina Code of Laws

South Carolina Code of Laws

Title 38 - Insurance

Chapter 38 - Fraternal Benefit Societies

Section 38-38-10. Fraternal benefit society defined.

Section 38-38-20. Lodge system operating requirements; lodges for children.

Section 38-38-30. Representative form of government requirements.

Section 38-38-40. Definitions.

Section 38-38-50. Operation for benefit of members; power to adopt bylaws and rules.

Section 38-38-110. Membership provisions in bylaws or rules.

Section 38-38-120. Principal place of business; publication of required notice; annual statement of condition; grievance procedure.

Section 38-38-130. Liability of officers for benefit payments; civil action expense indemnification; liability insurance coverage for officers; cause of action against officers.

Section 38-38-140. Waiver of bylaw provisions.

Section 38-38-210. Requirements for formation of domestic society.

Section 38-38-220. Amendment of bylaws; notice to director.

Section 38-38-230. Not-for-profit institutions for benefit of members.

Section 38-38-240. Reinsurance.

Section 38-38-250. Consolidation or merger of domestic societies.

Section 38-38-260. Reorganization into mutual life insurer.

Section 38-38-310. Contractual benefits allowed; persons covered.

Section 38-38-320. Designation and change of beneficiary; payment of death benefits.

Section 38-38-330. Attachment, garnishment or seizure of benefits.

Section 38-38-340. Benefit certificates; subsequent bylaw changes; impaired reserves; evidence of terms and conditions; approval of certificates by director; transfer of ownership on gaining majority; assignment.

Section 38-38-350. Application of laws of State.

Section 38-38-410. Authorized investments.

Section 38-38-420. Assets to be held for use and benefit of society; special funds and accounts.

Section 38-38-430. Governance by chapter.

Section 38-38-440. Designation as charitable and benevolent institution.

Section 38-38-510. Standards of valuation for certificates; maintenance of excess reserves.

Section 38-38-520. Required statements and reports; penalties.

Section 38-38-530. Renewal of licenses; fees; license as prima facie evidence.

Section 38-38-540. Examination; notice of examination.

Section 38-38-550. Authorization to transact business in State; what to file with director.

Section 38-38-560. Operating deficiencies of domestic society; notice and correction; voluntarily discontinuing business.

Section 38-38-570. Operating deficiencies of foreign society; notice and correction; hearing; revocation of authority to do business; continuation of contracts.

Section 38-38-580. Injunctions.

Section 38-38-590. Licensing of agents.

Section 38-38-600. Applicability of general insurance provisions; membership requirements exception.

Section 38-38-710. Appointment of director as legal attorney for service of process.

Section 38-38-720. False statement or misrepresentation with intent to defraud; penalties.

Section 38-38-730. Societies and associations exempted from provisions of chapter.

Section 38-38-740. Review of findings of director.