Fraternal Benefit Societies

  1. Law
  2. South Dakota Codified Laws
  3. Insurance
  4. Fraternal Benefit Societies

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Section
58-37A-1

Fraternal benefit society defined.

Section
58-37A-2

Lodge system--Regular meetings--Lodges for children.

Section
58-37A-3

Representative form of government determined.

Section
58-37A-4

Definition of terms.

Section
58-37A-5

Benefits and purposes of society--Power to adopt laws and rules for governing the society.

Section
58-37A-6

Specification of laws or rules--Membership rights.

Section
58-37A-7

Location of office and meetings--Official publication--Annual synopsis--Grievance procedures provided.

Section
58-37A-8

Liability of officers and members of governing body--Indemnification and reimbursement--Insurance--Liability of noncompensated member.

Section
58-37A-9

Provisions of laws may not be waived.

Section
58-37A-10

Procedure for formation of a society--Transaction by unincorporated society is a misdemeanor.

Section
58-37A-11

Amendments to society laws--Adoption--Filing--Printing as prima facie evidence.

Section
58-37A-12

Nonprofit organization created by society.

Section
58-37A-13

Reinsurance agreement--Ceding risks.

Section
58-37A-14

Consolidation or merger.

Section
58-37A-15

Conversion into life insurance company--Plan--Approval.

Section
58-37A-16

Contractual benefits allowed.

Section
58-37A-17

Beneficiary designations--Funeral benefits.

Section
58-37A-18

Money or other benefits not attachable for individual debts.

Section
58-37A-19

Benefit certificates.

Section
58-37A-20

Basis for computing value of nonforfeiture benefits.

Section
58-37A-21

Authorized investments.

Section
58-37A-22

Permissible use of assets and special funds--Establishing separate accounts and issuing contracts.

Section
58-37A-23

Exemption from other insurance laws.

Section
58-37A-24

Exemption from certain taxes.

Section
58-37A-25

Standards of valuation for certificates--Maintenance of excess reserves.

Section
58-37A-26

Annual statement of affairs--Valuation of certificates--Filing requirements.

Section
58-37A-27

License to transact business--Annual expiration and renewal--License fee--Copy of license as evidence.

Section
58-37A-28

Examination of domestic, foreign, and alien societies--Requirements--Responsibility for expenses--Report of examination.

Section
58-37A-29

Foreign or alien society--Qualifications and procedure for admission to transact business in state.

Sections
58-37A-30 - to 58-37A-32

Repealed.

Section
58-37A-33

Insurance producers--When license is required.

Section
58-37A-34

Applicability of unfair trade prohibitions--Determination of membership requirements and to whom benefits offered.

Section
58-37A-35

Appointment of director as attorney for service of process--Copy forwarded to secretary of society--Time for filing answer--Fee paid by plaintiff.

Section
58-37A-36

Fraudulent statements, and soliciting membership in unlicensed societies as crimes.

Section
58-37A-37

Judicial review of actions of director.

Section
58-37A-38

Exempt societies--Allowance of compensation for procuring new members prohibited--Director to determine exemption--Exempt societies not subject to insurance laws.

Section
58-37A-38.1

Inapplicability of subdivision 58-37A-38(2) to certain societies, orders, and associations.

Section
58-37A-39

Application of other provisions.