Fraternal Benefit Societies

  1. Law
  2. South Carolina Code of Laws
  3. Insurance
  4. Fraternal Benefit Societies

Checkout our iOS App for a better way to browser and research.

Section
38-38-10

Fraternal benefit society defined.

Section
38-38-20

Lodge system operating requirements; lodges for children.

Section
38-38-30

Representative form of government requirements.

Section
38-38-40

Definitions.

Section
38-38-50

Operation for benefit of members; power to adopt bylaws and rules.

Section
38-38-110

Membership provisions in bylaws or rules.

Section
38-38-120

Principal place of business; publication of required notice; annual statement of condition; grievance procedure.

Section
38-38-130

Liability of officers for benefit payments; civil action expense indemnification; liability insurance coverage for officers; cause of action against officers.

Section
38-38-140

Waiver of bylaw provisions.

Section
38-38-210

Requirements for formation of domestic society.

Section
38-38-220

Amendment of bylaws; notice to director.

Section
38-38-230

Not-for-profit institutions for benefit of members.

Section
38-38-240

Reinsurance.

Section
38-38-250

Consolidation or merger of domestic societies.

Section
38-38-260

Reorganization into mutual life insurer.

Section
38-38-310

Contractual benefits allowed; persons covered.

Section
38-38-320

Designation and change of beneficiary; payment of death benefits.

Section
38-38-330

Attachment, garnishment or seizure of benefits.

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.

Section
38-38-350

Application of laws of State.

Section
38-38-410

Authorized investments.

Section
38-38-420

Assets to be held for use and benefit of society; special funds and accounts.

Section
38-38-430

Governance by chapter.

Section
38-38-440

Designation as charitable and benevolent institution.

Section
38-38-510

Standards of valuation for certificates; maintenance of excess reserves.

Section
38-38-520

Required statements and reports; penalties.

Section
38-38-530

Renewal of licenses; fees; license as prima facie evidence.

Section
38-38-540

Examination; notice of examination.

Section
38-38-550

Authorization to transact business in State; what to file with director.

Section
38-38-560

Operating deficiencies of domestic society; notice and correction; voluntarily discontinuing business.

Section
38-38-570

Operating deficiencies of foreign society; notice and correction; hearing; revocation of authority to do business; continuation of contracts.

Section
38-38-580

Injunctions.

Section
38-38-590

Licensing of agents.

Section
38-38-600

Applicability of general insurance provisions; membership requirements exception.

Section
38-38-710

Appointment of director as legal attorney for service of process.

Section
38-38-720

False statement or misrepresentation with intent to defraud; penalties.

Section
38-38-730

Societies and associations exempted from provisions of chapter.

Section
38-38-740

Review of findings of director.