Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1894-05-04

CODE OF PUBLIC GENERAL LAWS, II
TILE CORPORATIONS" SUB TITLE IN
SURANCE DEPARTMENT. BY ADDING
FURTHER NEW ADDITIONAL SECTIONS
AFTER SECTION 143 d TO BE KNOWN
AS SECTIONS 143 L, F, G, II, ,J,K, L, NJ,
N, o, p, Q, r.
SECTION l. BE ii enacted by The GenraL As
se'tb y of NJ aytdnd, That Article 2S of the
Code of Public General Laws, Title "Corpora-
tons subtitle Insurance Department" be
amended by adding subtitle, designated
'Fraternal societies, orders or associations -
And also adding fifteen new sections to fol-
low immediately after Section 143 D OF said
rticle to be designated as Sections 143 E,
l4J I, 143 G, 143 II, 143 /, 143 J, 143 X, 143 L,
l4s M, l4S N. 143O, 143P 143 Q, 149 r, to read
as to said respective Sections as follows
Fraternal Beneficiary, Societies Orders or
Associations.
SEC. 1l3 L. Fraternal beneficiary asso-
ciatlon is hereby declared to be corporation.
society or voluntary association formed or
organized and carried on for the sole benefit
of its members and their bcneficiaries and
not for profit. Each such association shall
nave lodge system, with ritualistic form of
WORK and representative form of govern
ment, and shall make provision only Tor tho
payment OF benefits In case of sickness. dig
apilIty or death OF It's members. subject to
their compliance with its constitution and
laws. The fund from which the payment of
such benefits shall be made and the fund
from which the expenses of such association
snail be betrayed, shall be derived from fees.
assessments and dues collected from its mem
pefs. Payment OF death benefits NAV be
made only to the widow, children, grand
chlldren, mother, father, brother, sister.
grahd-parent, aunt, uncle, niece, nephew.
ntst cousin, next OF kin who would be dis,
drlputees OF the members personal estate If he
ui ns ntestate, to affianced husband or
afi1anced wife Of the member. or to persons
dependent upon the member for food lodging.
clotnlng or education, and to none other
provided that payment can only be made TO n
Dehenciary by reason of dependency when it
as ssEaoIshed by documentary proof to the
Satisfaction OF the executive officers OF such
association, that the fact of such depandency
as herein provided existed at the members
death and no benefit certificate shall issue
designating beneficiary by way Of depend-
en.y unless such dependency shall be fully set
iorth In writing and established by docu-
mentary proof to the the satisfaction OF said
executive officers, prior 10 the issuance
thereoI, benefit shah not be assjgnahle ex
ce,ept TO the beneflciaries above specified and
tnen only by the consent of such association
o,. ..s py l's sea- ana the signature of its
supreme secretary and supreme executive Of
Icer, but the member may surrender bis
behent Certincate and have a new one issued
10 any one or more of the beneilciaries nc
above specified, In the manner provided nv
~. .io CONSTITUTION and Laws of such associa
hu
the provisions of Sections 143 f TO SECTIONS "a
4, Is lpotn ioclusive) OF this Article, and shall
pe exempt from the provisions OF the ;nsur.
ance laws Of this State and no law bereafta,
passed shall apply to them unless they be or.
passsiy siBhated therein, provided that any
UorPorutoins or associations, orders or socle
Ties operating on the lodge system and havin,
rltuaiisac work III their lodges councils or
societies whose business it is in whole or In
pa pr. 20 pay at the expiration of fixed period
~; ~ hot iess then five years, a sum not exceed
rag the maximum amount named In tboir
eertiicates or paying dividend with drayai
surrender, or old age benefits, or paying snch
ceruiicates at the expiration OF life e1neet-
ancy, may conduct their business In this STATE
under under the provisions governing fraterIai
LEI, ~. socleties, orders or associations
with TINS exception that no such cornoration
OF association shall be permitted to berin do
OF continue business In this State. until II
snall nave first deposited with the Insurance
oioninissioners OF this State, the sum of ten
mo .nousand dollars in dividend. bearing seelri
ties satisfactory to said Commissioners ne n
guarantee for the payment of Cert;eo ~
issued by 1t, which deposit shall he constan tl,
malhtalne1 at that amount Provided b.
ever, that any such corporation or asso.ia+io
organized under the laws OF any other state
mineh may nave under the laws Of the State
Vaiue Tor the purpose herein mentioned shall
upon PROOF OF the existence of such denos;+
nov oe required to mako the same with tbs
insurance Commissioners OF this state '-io
~ l4S r. Any such association comir,
within the description of a Fraternal aanus
nelary Association, as set forth in sectior 10
Il. vi TINS Article organized under the laws os
TINS or any other State Province or Tarri,- Va
ana now doing business in This STATE ~: ny,
In sucn business, provided that If hers
10 J ni'iy WIN the provisions of Sections
I49 ana l43 J, regulating annual roTa...
ana inc designation OF the Comrnias;operss
Issuance as the person upon whom nrosass
may be served as hereinafter nrovidaii -
sn.i ile with the Commissioner of Tnsn %na
ns',y eert'ned copy of its Charter or Act nj
corporation its form of BENEFIT Cer.i1oata 20
also Certificate of the proner ono.
ottte, frovince or Territory certifvio,. ILL
sdon association Is authorized TO enndea. 'ii ia
S Su therein, where the laws Of s,,ah |
t osa,e, frovince or Territory require nm ' ao
tion az 49, VI sue operations Of such Associa-
a III, VI where Its laws authorize snch oor1i
yate, ana thereupon said Commiss;nro. u u.
iis.nce snail issue certificate To said
s autnorlzing IL to continue IN 40 -
.hess IN TINS State, for which he shah reooi,s
sss, e'a Oh twenty-five dollars but II said
a. Seiauon DO Incorporated under tha 9ati
oithis State, or il it be n foreign co-. e LaMs
ahd ny the laws of the state Of lie ina po,auoh
uoH shtl not be required to make reror, q
s sle eerl1cate referred TO in this Section shaIi
althorlzed by such law. then the Corr
eon OF Its affairs in manner as rroridod d.
H. ilsAl succeeding section (Section 14s q IN
ilke case, before issuing such certiacate ~, "a
Sn mt certificate is refused after examinat Io
tinne ~ pdtoylaed such association shall con-
a. 10 business In the State as heretofore
frnlmediately upon the passage of this a. ~
Sonitniss1oner of Insurance shall MOTTO t .he
Supreme Secretary and the State Secrssss-, .ns
al associations described in section 1as y y
M uTi1s business In tAis State of the provi
~ association shall file the naysers auu
sscuon required to be filed within two rno, ms
aIser receiving said notice. The exnens -
sne examination required under this sst,l VI
tS ~ .s Sssoeiano1s Incorporated under the law.
SIC. l43 a Anv s,,S .aes Ssh- MY dollars.