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Michigan Compiled Laws Complete Through PA 19 of 2024
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218-1956-81a
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THE INSURANCE CODE OF 1956 (EXCERPT)
Act 218 of 1956
Chapter 81a
FRATERNAL BENEFIT SOCIETIES

DocumentTypeDescription
Section 500.8161SectionDefinitions.
Section 500.8162SectionSociety governed by chapter; exemption.
Section 500.8163SectionSociety as charitable and benevolent institution; tax exemption.
Section 500.8164SectionDefinition of fraternal benefit society.
Section 500.8165SectionSociety operating on lodge system; requirements; lodges for children.
Section 500.8166SectionRepresentative form of government; requirements; postponement of society meetings.
Section 500.8167SectionSociety operating for benefit of members and their beneficiaries; requirements; subsidiary corporations or affiliated organizations; laws and rules; additional powers.
Section 500.8168SectionSpecification of eligibility standards, admission process, and rights and privileges; social members; rights personal and not assignable.
Section 500.8169SectionPrincipal office of domestic society; meetings of supreme governing body; validity of business transacted; minutes; official publication; report, notice, or statement; mailing or publication of synopsis of annual statement; grievance or complaint procedures.
Section 500.8170SectionPersonal liability; indemnification and reimbursement; purchase of insurance.
Section 500.8171SectionWaiver of society's laws.
Section 500.8172SectionFormation of domestic fraternal society; requirements; filing documents; bond; certifying, retaining, and filing articles of incorporation; preliminary certificate of authority; solicitation of members; collection of premium; receipt; liability; issuance of certificate; paying or allowing benefit; examination; information; evidence of compliance; issuance of certificate of authority; certificate as evidence; record.
Section 500.8173SectionReincorporation not required.
Section 500.8174SectionAmendment to laws.
Section 500.8175SectionNot for profit institution; purposes; reporting real or personal property.
Section 500.8176SectionReinsurance agreement.
Section 500.8177SectionConsolidation or merger; compliance; filings; approval of contract; issuance of certificate; effective date; vesting of rights, franchises, and interest; affidavit as evidence of mailing notice or documents; payment of expenses and compensation; itemized statement of expenses; consolidation or merger subject to MCL 500.7604.
Section 500.8178SectionDomestic fraternal benefit society as mutual life insurance company.
Section 500.8179SectionContractual benefits; specifying persons covered in rules.
Section 500.8180SectionChanging beneficiary; limiting scope of beneficiary designations; vested interest of revocable beneficiary; payment of funeral benefits; payment of benefit to personal representative or owner of certificate.
Section 500.8181SectionAttachment, garnishment, or other process.
Section 500.8182SectionBenefit contracts.
Section 500.8183SectionValue of paid-up nonforfeiture benefit; amount of cash surrender value, loan, or other option granted.
Section 500.8184SectionInvestments generally.
Section 500.8185SectionAssets; special fund; accounts; issuance of contracts on variable basis; special procedures; special voting and other rights.
Section 500.8186SectionStandards of valuation for certificates; excess reserves.
Section 500.8187SectionReports; annual statement; valuation of certificates; penalty.
Section 500.8188SectionDuration of license or authorization to transact business; copy of license as evidence.
Section 500.8189SectionExamination of society.
Section 500.8190SectionForeign or alien society; license required; compliance; conditions.
Section 500.8191SectionDomestic society; deficiencies; notice; request for correction; noncompliance; action to enjoin or action in quo warranto; hearing; order; findings; liquidation; recognition of action; receiver; voluntary determination to discontinue business.
Section 500.8192SectionForeign or alien society; deficiencies; notice; request for correction; noncompliance; suspension, revocation, or refusal of license; contracts.
Section 500.8193SectionApplication or petition for injunction; recognition.
Section 500.8194SectionAgent of society; license required; exceptions.
Section 500.8195SectionSociety subject to chapter 20.
Section 500.8196SectionService of process.
Section 500.8197SectionFalse or fraudulent statement or representation as misdemeanor or perjury; violation of MCL 500.8177 as felony; soliciting or procuring membership in unlicensed society as misdemeanor; violation of or noncompliance with chapter; penalties.
Section 500.8198SectionDecisions and findings of commissioner; judicial review.
Section 500.8199SectionExemptions.
Section 500.8199aSectionAdditional chapters and provisions applicable to fraternal benefit society.
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