MCL - 218-1956-81a
Act 218 of 1956
FRATERNAL BENEFIT SOCIETIES
| Document | Type | Description |
|---|---|---|
| Section 500.8161 | Section | Definitions. |
| Section 500.8162 | Section | Society governed by chapter; exemption. |
| Section 500.8163 | Section | Society as charitable and benevolent institution; tax exemption. |
| Section 500.8164 | Section | Definition of fraternal benefit society. |
| Section 500.8165 | Section | Society operating on lodge system; requirements; lodges for children. |
| Section 500.8166 | Section | Representative form of government; requirements; postponement of society meetings. |
| Section 500.8167 | Section | Society operating for benefit of members and their beneficiaries; requirements; subsidiary corporations or affiliated organizations; laws and rules; additional powers. |
| Section 500.8168 | Section | Specification of eligibility standards, admission process, and rights and privileges; social members; rights personal and not assignable. |
| Section 500.8169 | Section | Principal 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 500.8170 | Section | Personal liability; indemnification and reimbursement; purchase of insurance. |
| Section 500.8171 | Section | Waiver of society's laws. |
| Section 500.8172 | Section | Formation 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 500.8173 | Section | Reincorporation not required. |
| Section 500.8174 | Section | Amendment to laws. |
| Section 500.8175 | Section | Not for profit institution; purposes; reporting real or personal property. |
| Section 500.8176 | Section | Reinsurance agreement. |
| Section 500.8177 | Section | Consolidation 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 500.8178 | Section | Domestic fraternal benefit society as mutual life insurance company. |
| Section 500.8179 | Section | Contractual benefits; specifying persons covered in rules. |
| Section 500.8180 | Section | Changing 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 500.8181 | Section | Attachment, garnishment, or other process. |
| Section 500.8182 | Section | Benefit contracts. |
| Section 500.8183 | Section | Value of paid-up nonforfeiture benefit; amount of cash surrender value, loan, or other option granted. |
| Section 500.8184 | Section | Investments generally. |
| Section 500.8185 | Section | Assets; special fund; accounts; issuance of contracts on variable basis; special procedures; special voting and other rights. |
| Section 500.8186 | Section | Standards of valuation for certificates; excess reserves. |
| Section 500.8187 | Section | Reports; annual statement; valuation of certificates; penalty. |
| Section 500.8188 | Section | Duration of license or authorization to transact business; copy of license as evidence. |
| Section 500.8189 | Section | Examination of society. |
| Section 500.8190 | Section | Foreign or alien society; license required; compliance; conditions. |
| Section 500.8191 | Section | Domestic 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 500.8192 | Section | Foreign or alien society; deficiencies; notice; request for correction; noncompliance; suspension, revocation, or refusal of license; contracts. |
| Section 500.8193 | Section | Application or petition for injunction; recognition. |
| Section 500.8194 | Section | Agent of society; license required; exceptions. |
| Section 500.8195 | Section | Society subject to chapter 20. |
| Section 500.8196 | Section | Service of process. |
| Section 500.8197 | Section | False 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 500.8198 | Section | Decisions and findings of commissioner; judicial review. |
| Section 500.8199 | Section | Exemptions. |
| Section 500.8199a | Section | Additional chapters and provisions applicable to fraternal benefit society. |