Texas Statutes
Subtitle E - Mutual and Fraternal Companies and Related Entities
Chapter 885 - Fraternal Benefit Societies

Section 885.005. Fraternal Benefit Societies That Provide Benefits Resulting From Accidents Only - Sec. 885.005. FRATERNAL BENEFIT SOCIETIES THAT PROVIDE BENEFITS RESULTING FROM...

Section 885.006. Treatment of Certain Grand Lodges - Sec. 885.006. TREATMENT OF CERTAIN GRAND LODGES. A grand lodge,...

Subchapter B. Structure of Fraternal Benefit Society

Section 885.051. Fraternal Benefit Society Defined - Sec. 885.051. FRATERNAL BENEFIT SOCIETY DEFINED. A corporation, society, order,...

Section 885.052. Control of Fraternal Benefit Society - Sec. 885.052. CONTROL OF FRATERNAL BENEFIT SOCIETY. (a) In this...

Section 885.053. Lodge System Defined - Sec. 885.053. LODGE SYSTEM DEFINED. A fraternal benefit society is...

Section 885.054. Representative Form of Government Defined - Sec. 885.054. REPRESENTATIVE FORM OF GOVERNMENT DEFINED. A fraternal benefit...

Section 885.055. Assembly as Supreme Governing Body - Sec. 885.055. ASSEMBLY AS SUPREME GOVERNING BODY. (a) The supreme...

Section 885.056. Assembly Meetings; Directors - Sec. 885.056. ASSEMBLY MEETINGS; DIRECTORS. (a) An assembly that is...

Section 885.057. Board as Supreme Governing Body - Sec. 885.057. BOARD AS SUPREME GOVERNING BODY. (a) The supreme...

Section 885.058. Board Members; Meetings - Sec. 885.058. BOARD MEMBERS; MEETINGS. (a) The term of a...

Section 885.059. Location of Meetings of Supreme Governing Body - Sec. 885.059. LOCATION OF MEETINGS OF SUPREME GOVERNING BODY. (a)...

Section 885.060. Fraternal Benefit Society's Laws Binding - Sec. 885.060. FRATERNAL BENEFIT SOCIETY'S LAWS BINDING. A fraternal benefit...

Section 885.061. Amendment of Fraternal Benefit Society's Laws - Sec. 885.061. AMENDMENT OF FRATERNAL BENEFIT SOCIETY'S LAWS. (a) A...

Section 885.062. Quarterly Lodge Meetings Required - Sec. 885.062. QUARTERLY LODGE MEETINGS REQUIRED. A fraternal benefit society's...

Section 885.063. Merger or Transfer of Membership or Funds - Sec. 885.063. MERGER OR TRANSFER OF MEMBERSHIP OR FUNDS. (a)...

Subchapter C. Members

Section 885.101. Qualifications for Fraternal Benefit Society Membership - Sec. 885.101. QUALIFICATIONS FOR FRATERNAL BENEFIT SOCIETY MEMBERSHIP. (a) A...

Section 885.102. Social Members - Sec. 885.102. SOCIAL MEMBERS. A fraternal benefit society may admit...

Section 885.103. Children - Sec. 885.103. CHILDREN. (a) A fraternal benefit society may organize...

Section 885.104. Grievance or Complaint Procedures - Sec. 885.104. GRIEVANCE OR COMPLAINT PROCEDURES. A fraternal benefit society's...

Subchapter D. Authority to Engage in Business

Section 885.151. Applicability to Certain Fraternal Benefit Societies Continuously Authorized to Engage in Business - Sec. 885.151. APPLICABILITY TO CERTAIN FRATERNAL BENEFIT SOCIETIES CONTINUOUSLY AUTHORIZED...

Section 885.152. Eligibility to Provide Benefits - Sec. 885.152. ELIGIBILITY TO PROVIDE BENEFITS. After June 1, 1965,...

Section 885.153. Filing of Articles of Incorporation or Association - Sec. 885.153. FILING OF ARTICLES OF INCORPORATION OR ASSOCIATION. A...

Section 885.154. Name of Fraternal Benefit Society - Sec. 885.154. NAME OF FRATERNAL BENEFIT SOCIETY. The name of...

Section 885.155. Purposes of Fraternal Benefit Society - Sec. 885.155. PURPOSES OF FRATERNAL BENEFIT SOCIETY. (a) The purposes...

Section 885.156. Surety Bond - Sec. 885.156. SURETY BOND. (a) A fraternal benefit society must...

Section 885.157. Issuance of Preliminary Certificate of Authority - Sec. 885.157. ISSUANCE OF PRELIMINARY CERTIFICATE OF AUTHORITY. If the...

Section 885.158. Powers and Duties Under Preliminary Certificate of Authority; Qualification - Sec. 885.158. POWERS AND DUTIES UNDER PRELIMINARY CERTIFICATE OF AUTHORITY;...

Section 885.159. Termination of Authority Under Preliminary Certificate of Authority - Sec. 885.159. TERMINATION OF AUTHORITY UNDER PRELIMINARY CERTIFICATE OF AUTHORITY....

Section 885.160. Issuance of Certificate of Authority - Sec. 885.160. ISSUANCE OF CERTIFICATE OF AUTHORITY. (a) The department...

Subchapter E. Foreign Fraternal Benefit Societies

Section 885.201. Certificate of Authority Required - Sec. 885.201. CERTIFICATE OF AUTHORITY REQUIRED. A foreign fraternal benefit...

Section 885.202. Admission of Foreign Fraternal Benefit Society - Sec. 885.202. ADMISSION OF FOREIGN FRATERNAL BENEFIT SOCIETY. (a) To...

Section 885.203. Refusal to Issue Certificate of Authority to Foreign Fraternal Benefit Society - Sec. 885.203. REFUSAL TO ISSUE CERTIFICATE OF AUTHORITY TO FOREIGN...

Section 885.204. Notice of Intent to Revoke Foreign Fraternal Benefit Society's Certificate of Authority - Sec. 885.204. NOTICE OF INTENT TO REVOKE FOREIGN FRATERNAL BENEFIT...

Section 885.205. Revocation of Foreign Fraternal Benefit Society's Certificate of Authority - Sec. 885.205. REVOCATION OF FOREIGN FRATERNAL BENEFIT SOCIETY'S CERTIFICATE OF...

Section 885.206. Continuance of Contracts Following Revocation of Certificate of Authority - Sec. 885.206. CONTINUANCE OF CONTRACTS FOLLOWING REVOCATION OF CERTIFICATE OF...

Subchapter F. Powers and Duties of Fraternal Benefit Society

Section 885.251. General Powers - Sec. 885.251. GENERAL POWERS. A fraternal benefit society may: (1)...

Section 885.252. Powers of Certain Fraternal Benefit Societies - Sec. 885.252. POWERS OF CERTAIN FRATERNAL BENEFIT SOCIETIES. (a) A...

Section 885.253. Principal Office of Domestic Fraternal Benefit Society - Sec. 885.253. PRINCIPAL OFFICE OF DOMESTIC FRATERNAL BENEFIT SOCIETY. A...

Section 885.254. Immunity - Sec. 885.254. IMMUNITY. (a) A director, officer, employee, member, or...

Section 885.255. Indemnification or Reimbursement - Sec. 885.255. INDEMNIFICATION OR REIMBURSEMENT. (a) A fraternal benefit society...

Section 885.256. Indemnification or Reimbursement in Relation to Breach of Duty Prohibited - Sec. 885.256. INDEMNIFICATION OR REIMBURSEMENT IN RELATION TO BREACH OF...

Section 885.257. Insurance for Directors, Officers, Employees, or Agents - Sec. 885.257. INSURANCE FOR DIRECTORS, OFFICERS, EMPLOYEES, OR AGENTS. (a)...

Section 885.258. Management and Use of Assets and Funds - Sec. 885.258. MANAGEMENT AND USE OF ASSETS AND FUNDS. (a)...

Section 885.259. Source of Funds - Sec. 885.259. SOURCE OF FUNDS. (a) A fraternal benefit society...

Section 885.260. Specified Payments - Sec. 885.260. SPECIFIED PAYMENTS. (a) A fraternal benefit society may...

Section 885.261. Control of Fund by Lodge - Sec. 885.261. CONTROL OF FUND BY LODGE. (a) This section...

Section 885.262. Investment of Fraternal Benefit Society Funds - Sec. 885.262. INVESTMENT OF FRATERNAL BENEFIT SOCIETY FUNDS. (a) Except...

Section 885.263. Treatment of Deferred Claims - Sec. 885.263. TREATMENT OF DEFERRED CLAIMS. (a) A deferred payment...

Subchapter G. Benefits Provided by Fraternal Benefit Societies

Section 885.301. Types of Benefits Permitted - Sec. 885.301. TYPES OF BENEFITS PERMITTED. (a) A fraternal benefit...

Section 885.302. Issuance of Benefit Contracts on Variable Basis - Sec. 885.302. ISSUANCE OF BENEFIT CONTRACTS ON VARIABLE BASIS. A...

Section 885.303. Benefits for Children - Sec. 885.303. BENEFITS FOR CHILDREN. (a) A fraternal benefit society...

Section 885.304. Beneficiaries - Sec. 885.304. BENEFICIARIES. (a) The owner of a benefit contract...

Section 885.305. Organization as Beneficiary - Sec. 885.305. ORGANIZATION AS BENEFICIARY. A fraternal benefit society may...

Section 885.306. Benefit Certificate - Sec. 885.306. BENEFIT CERTIFICATE. (a) A fraternal benefit society may...

Section 885.307. Grace Period - Sec. 885.307. GRACE PERIOD. A fraternal benefit society shall include...

Section 885.308. Assignment of Life Insurance Benefit Contract - Sec. 885.308. ASSIGNMENT OF LIFE INSURANCE BENEFIT CONTRACT. A fraternal...

Section 885.309. Nonforfeiture Benefits - Sec. 885.309. NONFORFEITURE BENEFITS. (a) The value of a nonforfeiture...

Section 885.310. Enforcing Payment of Premiums; Control of Benefit Certificates - Sec. 885.310. ENFORCING PAYMENT OF PREMIUMS; CONTROL OF BENEFIT CERTIFICATES....

Section 885.311. Deficiency Payments - Sec. 885.311. DEFICIENCY PAYMENTS. (a) A fraternal benefit society shall...

Section 885.312. Continuation of Benefit Certificate on Expulsion or Suspension of Member - Sec. 885.312. CONTINUATION OF BENEFIT CERTIFICATE ON EXPULSION OR SUSPENSION...

Section 885.313. Continuation of Benefit Certificate Issued on Child - Sec. 885.313. CONTINUATION OF BENEFIT CERTIFICATE ISSUED ON CHILD. If...

Section 885.314. Responsibility for Payment of Benefits - Sec. 885.314. RESPONSIBILITY FOR PAYMENT OF BENEFITS. (a) An officer...

Section 885.315. Damages for Failure to Timely Pay Benefits - Sec. 885.315. DAMAGES FOR FAILURE TO TIMELY PAY BENEFITS. A...

Section 885.316. Exemption of Benefits - Sec. 885.316. EXEMPTION OF BENEFITS. Money or another benefit or...

Subchapter H. Agents

Section 885.351. Agents - Sec. 885.351. AGENTS. (a) A fraternal benefit society may appoint...

Section 885.352. Exception - Sec. 885.352. EXCEPTION. (a) Section 885.351(b) does not apply to...

Section 885.353. Employment of Certain Persons to Solicit Business Prohibited - Sec. 885.353. EMPLOYMENT OF CERTAIN PERSONS TO SOLICIT BUSINESS PROHIBITED....

Subchapter I. Regulation of Fraternal Benefit Societies

Section 885.401. Annual Report - Sec. 885.401. ANNUAL REPORT. (a) Each fraternal benefit society engaged...

Section 885.402. Reports of Certain Grand Lodges - Sec. 885.402. REPORTS OF CERTAIN GRAND LODGES. The officers of...

Section 885.403. Valuation of Benefit Certificates - Sec. 885.403. VALUATION OF BENEFIT CERTIFICATES. (a) A fraternal benefit...

Section 885.404. Mortality Tables; Interest Rates - Sec. 885.404. MORTALITY TABLES; INTEREST RATES. (a) In valuing benefit...

Section 885.405. Valuation of and Separate Fund for Disability Benefits - Sec. 885.405. VALUATION OF AND SEPARATE FUND FOR DISABILITY BENEFITS....

Section 885.406. Publication of Valuation and Condition - Sec. 885.406. PUBLICATION OF VALUATION AND CONDITION. A fraternal benefit...

Section 885.407. Solvency - Sec. 885.407. SOLVENCY. (a) If a fraternal benefit society reports...

Section 885.408. Reserves for Accident and Health Insurance - Sec. 885.408. RESERVES FOR ACCIDENT AND HEALTH INSURANCE. (a) A...

Section 885.409. Reporting of Reserves - Sec. 885.409. REPORTING OF RESERVES. The report of a fraternal...

Section 885.410. Examination of Domestic Fraternal Benefit Societies - Sec. 885.410. EXAMINATION OF DOMESTIC FRATERNAL BENEFIT SOCIETIES. A domestic...

Section 885.411. Examination of Foreign Fraternal Benefit Societies - Sec. 885.411. EXAMINATION OF FOREIGN FRATERNAL BENEFIT SOCIETIES. (a) The...

Section 885.412. Adverse Publication Prohibited - Sec. 885.412. ADVERSE PUBLICATION PROHIBITED. (a) Pending, during, or after...

Section 885.413. Fees - Sec. 885.413. FEES. The department shall deposit fees collected under...

Section 885.414. Remedies Not Exclusive - Sec. 885.414. REMEDIES NOT EXCLUSIVE. (a) This chapter does not...

Subchapter J. Conversion of Fraternal Benefit Society

Section 885.451. Conversion of Fraternal Benefit Society to Mutual or Stock Company - Sec. 885.451. CONVERSION OF FRATERNAL BENEFIT SOCIETY TO MUTUAL OR...

Section 885.452. Meeting of Lodge Representatives; Notice - Sec. 885.452. MEETING OF LODGE REPRESENTATIVES; NOTICE. (a) The governing...

Section 885.453. Resolution to Convert; Additional Requirements - Sec. 885.453. RESOLUTION TO CONVERT; ADDITIONAL REQUIREMENTS. (a) As provided...

Section 885.454. Conversion Documents - Sec. 885.454. CONVERSION DOCUMENTS. (a) A fraternal benefit society that...

Section 885.455. Sale of Stock of Converted Fraternal Benefit Society - Sec. 885.455. SALE OF STOCK OF CONVERTED FRATERNAL BENEFIT SOCIETY....

Section 885.456. Legal Effect of Conversion to Mutual Life Insurance Company - Sec. 885.456. LEGAL EFFECT OF CONVERSION TO MUTUAL LIFE INSURANCE...

Section 885.457. Completion and Legal Effect of Conversion to Stock Company - Sec. 885.457. COMPLETION AND LEGAL EFFECT OF CONVERSION TO STOCK...

Section 885.458. Continuing Obligations of Converted Fraternal Benefit Society - Sec. 885.458. CONTINUING OBLIGATIONS OF CONVERTED FRATERNAL BENEFIT SOCIETY. (a)...

Section 885.459. Name of Converted Fraternal Benefit Society - Sec. 885.459. NAME OF CONVERTED FRATERNAL BENEFIT SOCIETY. The name...

Section 885.460. Principal Office of Converted Fraternal Benefit Society - Sec. 885.460. PRINCIPAL OFFICE OF CONVERTED FRATERNAL BENEFIT SOCIETY. The...

Section 885.461. Social or Charitable Clubs Formed by Members of Converted Fraternal Benefit Society - Sec. 885.461. SOCIAL OR CHARITABLE CLUBS FORMED BY MEMBERS OF...

Subchapter K. Termination of Fraternal Benefit Society

Section 885.501. Discontinuation of Business by Domestic Fraternal Benefit Society - Sec. 885.501. DISCONTINUATION OF BUSINESS BY DOMESTIC FRATERNAL BENEFIT SOCIETY....

Section 885.502. Initiation of Proceedings for Termination of Domestic Fraternal Benefit Society - Sec. 885.502. INITIATION OF PROCEEDINGS FOR TERMINATION OF DOMESTIC FRATERNAL...

Section 885.503. Issuance of Injunction and Appointment of Receiver - Sec. 885.503. ISSUANCE OF INJUNCTION AND APPOINTMENT OF RECEIVER. (a)...

Subchapter O. Criminal Penalties

Section 885.701. False Statements; Criminal Penalty - Sec. 885.701. FALSE STATEMENTS; CRIMINAL PENALTY. (a) A person commits...

Section 885.702. Soliciting Membership in Unauthorized Fraternal Benefit Society; Criminal Penalty - Sec. 885.702. SOLICITING MEMBERSHIP IN UNAUTHORIZED FRATERNAL BENEFIT SOCIETY; CRIMINAL...

Section 885.703. Soliciting Membership in Lodge of Unauthorized Fraternal Benefit Society; Criminal Penalty - Sec. 885.703. SOLICITING MEMBERSHIP IN LODGE OF UNAUTHORIZED FRATERNAL BENEFIT...

Section 885.704. Exception to Solicitation Offenses - Sec. 885.704. EXCEPTION TO SOLICITATION OFFENSES. Sections 885.702 and 885.703...

Section 885.705. General Criminal Penalty - Sec. 885.705. GENERAL CRIMINAL PENALTY. (a) An officer, agent, or...

Section 885.706. Other Penalties - Sec. 885.706. OTHER PENALTIES. Notwithstanding Section 885.705, if another section...

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Texas Statutes Subtitle E - Mutual and Fraternal Companies and Related Entities Chapter 885 - Fraternal Benefit Societies

Texas Statutes
Subtitle E - Mutual and Fraternal Companies and Related Entities
Chapter 885 - Fraternal Benefit Societies