Ask a question on the site
Questions
Lawyers
Blogs
Legislation
Contacts
Become a lawyer
Login Registration
Section 38-38-10. Fraternal benefit society defined. - Any incorporated society, order, or supreme lodge, without capital stock,...
Section 38-38-20. Lodge system operating requirements; lodges for children. - (A) A society is operating on the lodge system if...
Section 38-38-30. Representative form of government requirements. - A society has a representative form of government when: (1)...
Section 38-38-40. Definitions. - Whenever used in this chapter: (1) "Benefit contract" means the...
Section 38-38-50. Operation for benefit of members; power to adopt bylaws and rules. - (A) A society shall operate for the benefit of members...
Section 38-38-110. Membership provisions in bylaws or rules. - (A) A society shall specify in its bylaws or rules:...
Section 38-38-120. Principal place of business; publication of required notice; annual statement of condition; grievance procedure. - (A) The principal place of business and primary executive, administrative,...
Section 38-38-130. Liability of officers for benefit payments; civil action expense indemnification; liability insurance coverage for officers; cause of action against officers. - (A) The officers and members of the supreme governing body...
Section 38-38-140. Waiver of bylaw provisions. - The bylaws of the society may provide that no subordinate...
Section 38-38-210. Requirements for formation of domestic society. - A domestic society organized on or after the effective date...
Section 38-38-220. Amendment of bylaws; notice to director. - (A) A domestic society may amend its bylaws, in accordance...
Section 38-38-230. Not-for-profit institutions for benefit of members. - A society may create, maintain, and operate or may establish...
Section 38-38-240. Reinsurance. - (A) A domestic ceding society must comply with Section 38-9-200,...
Section 38-38-250. Consolidation or merger of domestic societies. - (A) A domestic society may consolidate or merge with another...
Section 38-38-260. Reorganization into mutual life insurer. - A domestic fraternal benefit society may reorganize into a mutual...
Section 38-38-310. Contractual benefits allowed; persons covered. - (A) A society may provide the following contractual benefits in...
Section 38-38-320. Designation and change of beneficiary; payment of death benefits. - (A) The owner of a benefit contract has the right...
Section 38-38-330. Attachment, garnishment or seizure of benefits. - Money or other benefit, charity, relief, or aid to be...
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. - (A) Every society authorized to do business in this State...
Section 38-38-350. Application of laws of State. - (A) For certificates issued before the effective date of this...
Section 38-38-410. Authorized investments. - A society shall invest its funds only in investments authorized...
Section 38-38-420. Assets to be held for use and benefit of society; special funds and accounts. - (A) All assets must be held, invested, and disbursed for...
Section 38-38-430. Governance by chapter. - Societies and associations described in Section 38-38-730(A)(8) are governed by...
Section 38-38-440. Designation as charitable and benevolent institution. - Every society organized or licensed under this chapter is declared...
Section 38-38-510. Standards of valuation for certificates; maintenance of excess reserves. - (A) Standards of valuation for certificates issued before the effective...
Section 38-38-520. Required statements and reports; penalties. - (A) Every society annually shall file with the department by...
Section 38-38-530. Renewal of licenses; fees; license as prima facie evidence. - The authority of a fraternal benefit association authorized to transact...
Section 38-38-540. Examination; notice of examination. - (A) The director or his designee may examine any domestic,...
Section 38-38-550. Authorization to transact business in State; what to file with director. - A society may not transact business in this State without...
Section 38-38-560. Operating deficiencies of domestic society; notice and correction; voluntarily discontinuing business. - (A) When the director or his designee upon investigation finds...
Section 38-38-570. Operating deficiencies of foreign society; notice and correction; hearing; revocation of authority to do business; continuation of contracts. - (A) When the director or his designee upon investigation finds...
Section 38-38-580. Injunctions. - Whenever the director or his designee believes, from evidence satisfactory...
Section 38-38-590. Licensing of agents. - Agents of societies must be licensed in accordance with and...
Section 38-38-600. Applicability of general insurance provisions; membership requirements exception. - Every society authorized to do business in this State is...
Section 38-38-710. Appointment of director as legal attorney for service of process. - Every society shall, before being licensed, appoint in writing the...
Section 38-38-720. False statement or misrepresentation with intent to defraud; penalties. - Any person or insurer who makes a false statement or...
Section 38-38-730. Societies and associations exempted from provisions of chapter. - (A) This chapter does not apply to the following: (1)...
Section 38-38-740. Review of findings of director. - All decisions and findings of the director or his designee...