All codes › Insurance Code › Title 6

Chapter 885

Fraternal Benefit Societies

Subchapter A. General Provisions

885.001 Definitions 885.002 Limited Exemption from Insurance Laws 885.003 Exemption from Taxation 885.004 Inapplicability to Certain Societies 885.005 Fraternal Benefit Societies That Provide Benefits Resulting from Accidents Only 885.006 Treatment of Certain Grand Lodges

Subchapter B. Structure of Fraternal Benefit Society

885.051 Fraternal Benefit Society Defined 885.052 Control of Fraternal Benefit Society 885.053 Lodge System Defined 885.054 Representative Form of Government Defined 885.055 Assembly as Supreme Governing Body 885.056 Assembly Meetings; Directors 885.057 Board as Supreme Governing Body 885.058 Board Members; Meetings 885.059 Location of Meetings of Supreme Governing Body 885.060 Fraternal Benefit Society's Laws Binding 885.061 Amendment of Fraternal Benefit Society's Laws 885.062 Quarterly Lodge Meetings Required 885.063 Merger or Transfer of Membership or Funds

Subchapter C. Members

885.101 Qualifications for Fraternal Benefit Society Membership 885.102 Social Members 885.103 Children 885.104 Grievance or Complaint Procedures

Subchapter D. Authority to Engage in Business

885.151 Applicability to Certain Fraternal Benefit Societies Continuously Authorized to Engage in Business 885.152 Eligibility to Provide Benefits 885.153 Filing of Articles of Incorporation or Association 885.154 Name of Fraternal Benefit Society 885.155 Purposes of Fraternal Benefit Society 885.156 Surety Bond 885.157 Issuance of Preliminary Certificate of Authority 885.158 Powers and Duties under Preliminary Certificate of Authority; Qualification 885.159 Termination of Authority under Preliminary Certificate of Authority 885.160 Issuance of Certificate of Authority

Subchapter E. Foreign Fraternal Benefit Societies

885.201 Certificate of Authority Required 885.202 Admission of Foreign Fraternal Benefit Society 885.203 Refusal to Issue Certificate of Authority to Foreign Fraternal Benefit Society 885.204 Notice of Intent to Revoke Foreign Fraternal Benefit Society's Certificate of Authority 885.205 Revocation of Foreign Fraternal Benefit Society's Certificate of Authority 885.206 Continuance of Contracts Following Revocation of Certificate of Authority

Subchapter F. Powers and Duties of Fraternal Benefit Society

885.251 General Powers 885.252 Powers of Certain Fraternal Benefit Societies 885.253 Principal Office of Domestic Fraternal Benefit Society 885.254 Immunity 885.255 Indemnification or Reimbursement 885.256 Indemnification or Reimbursement in Relation to Breach of Duty Prohibited 885.257 Insurance for Directors, Officers, Employees, or Agents 885.258 Management and Use of Assets and Funds 885.259 Source of Funds 885.260 Specified Payments 885.261 Control of Fund by Lodge 885.262 Investment of Fraternal Benefit Society Funds 885.263 Treatment of Deferred Claims

Subchapter G. Benefits Provided by Fraternal Benefit Societies

885.301 Types of Benefits Permitted 885.302 Issuance of Benefit Contracts on Variable Basis 885.303 Benefits for Children 885.304 Beneficiaries 885.305 Organization as Beneficiary 885.306 Benefit Certificate 885.307 Grace Period 885.308 Assignment of Life Insurance Benefit Contract 885.309 Nonforfeiture Benefits 885.310 Enforcing Payment of Premiums; Control of Benefit Certificates 885.311 Deficiency Payments 885.312 Continuation of Benefit Certificate on Expulsion or Suspension of Member 885.313 Continuation of Benefit Certificate Issued on Child 885.314 Responsibility for Payment of Benefits 885.315 Damages for Failure to Timely Pay Benefits 885.316 Exemption of Benefits

Subchapter H. Agents

885.351 Agents 885.352 Exception 885.353 Employment of Certain Persons to Solicit Business Prohibited

Subchapter I. Regulation of Fraternal Benefit Societies

885.401 Annual Report 885.402 Reports of Certain Grand Lodges 885.403 Valuation of Benefit Certificates 885.404 Mortality Tables; Interest Rates 885.405 Valuation of and Separate Fund for Disability Benefits 885.406 Publication of Valuation and Condition 885.407 Solvency 885.408 Reserves for Accident and Health Insurance 885.409 Reporting of Reserves 885.410 Examination of Domestic Fraternal Benefit Societies 885.411 Examination of Foreign Fraternal Benefit Societies 885.412 Adverse Publication Prohibited 885.413 Fees 885.414 Remedies Not Exclusive

Subchapter J. Conversion of Fraternal Benefit Society

885.451 Conversion of Fraternal Benefit Society to Mutual or Stock Company 885.452 Meeting of Lodge Representatives; Notice 885.453 Resolution to Convert; Additional Requirements 885.454 Conversion Documents 885.455 Sale of Stock of Converted Fraternal Benefit Society 885.456 Legal Effect of Conversion to Mutual Life Insurance Company 885.457 Completion and Legal Effect of Conversion to Stock Company 885.458 Continuing Obligations of Converted Fraternal Benefit Society 885.459 Name of Converted Fraternal Benefit Society 885.460 Principal Office of Converted Fraternal Benefit Society 885.461 Social or Charitable Clubs Formed by Members of Converted Fraternal Benefit Society

Subchapter K. Termination of Fraternal Benefit Society

885.501 Discontinuation of Business by Domestic Fraternal Benefit Society 885.502 Initiation of Proceedings for Termination of Domestic Fraternal Benefit Society 885.503 Issuance of Injunction and Appointment of Receiver

Subchapter O. Criminal Penalties

885.701 False Statements; Criminal Penalty 885.702 Soliciting Membership in Unauthorized Fraternal Benefit Society; Criminal Penalty 885.703 Soliciting Membership in Lodge of Unauthorized Fraternal Benefit Society; Criminal Penalty 885.704 Exception to Solicitation Offenses 885.705 General Criminal Penalty 885.706 Other Penalties