reglab/housing_qa huggingface dataset:
TN Code § 56-16-209 (2021)
2021 Tennessee Code|Title 56 - Insurance|Chapter 16 - Exchange or Reciprocal Insurance Act of 1990|Part 2 - Domestic Reciprocals|§ 56-16-209. Liquidation — Distribution of Assets

 Upon the liquidation of a domestic reciprocal, its assets shall be distributed pursuant to chapter 9 of this title.
TN Code § 56-16-210 (2021)
2021 Tennessee Code|Title 56 - Insurance|Chapter 16 - Exchange or Reciprocal Insurance Act of 1990|Part 2 - Domestic Reciprocals|§ 56-16-210. Assets Insufficient to Settle Liabilities — Levy of Assessment on Subscribers — Delinquency Proceedings

   The domestic reciprocal's attorney shall levy an assessment upon subscribers made subject to assessment by the terms of their policies for the amount needed to make up the deficiency, if:  The assets of a domestic reciprocal are at any time insufficient to settle the sum of its liabilities, except those on account of funds contributed by the attorney or other parties, and its required surplus to policyholders; and   The deficiency is not cured from other sources;     However, the assessment shall be subject to § 56-16-112.     If the attorney fails to make the assessment within thirty (30) days after the department orders it to do so, or if the deficiency is not fully made up within sixty (60) days after the date the assessment was made, delinquency proceedings may be instituted and conducted against the insurer as provided in chapter 9 of this title.   If liquidation of the reciprocal is ordered, an assessment shall be levied upon the subscribers for the amount the department or the court, as the case may be, determines to be necessary to discharge all liabilities of the reciprocal. This assessment shall exclude any funds contributed by the attorney or other persons, but shall include the reasonable cost of the liquidation. However, the assessment shall be subject to § 56-16-112.
TN Code § 56-25-101 (2021)
2021 Tennessee Code|Title 56 - Insurance|Chapter 25 - Fraternal Benefit Societies|Part 1 - General Provisions|§ 56-25-101. Organizations That Constitute “Fraternal Benefit societies.”

 Any incorporated society, order or supreme lodge, without capital stock, including one exempted under § 56-25-704(a)(2), whether incorporated or not, conducted solely for the benefit of its members and their beneficiaries and not for profit, operated on a lodge system with ritualistic form of work, having a representative form of government, and that provides benefits in accordance with this chapter, is declared to be a “fraternal benefit society.”
TN Code § 56-25-102 (2021)
2021 Tennessee Code|Title 56 - Insurance|Chapter 25 - Fraternal Benefit Societies|Part 1 - General Provisions|§ 56-25-102. Operating on Lodge System — Children's Lodges

  A society is operating on the lodge system if it has a supreme governing body and subordinate lodges into which members are elected, initiated or admitted in accordance with its laws, rules and ritual. Subordinate lodges shall be required by the laws of the society to hold regular meetings at least once every sixty (60) days in furtherance of the purposes of the society.   A society may, at its option, organize and operate lodges for children under the minimum age for adult membership. Membership and initiation in local lodges shall not be required of the children, nor shall they have a voice or vote in the management of the society.
TN Code § 56-25-103 (2021)
2021 Tennessee Code|Title 56 - Insurance|Chapter 25 - Fraternal Benefit Societies|Part 1 - General Provisions|§ 56-25-103. Representative Form of Government

 A society has a representative form of government when:   It has a supreme governing body constituted in one (1) of the following ways:  Assembly.  The supreme governing body is an assembly composed of delegates elected directly by the members or at intermediate assemblies or conventions of members or their representatives, together with other delegates as may be prescribed in the society's laws. A society may provide for election of delegates by mail. The elected delegates shall constitute a majority in number and shall not have less than two thirds (2/3) of the votes and not less than the number of votes required to amend the society's laws. The assembly shall be elected and shall meet at least every four (4) years and shall elect a board of directors to conduct the business of the society between meetings of the assembly. Vacancies on the board of directors between elections may be filled in the manner prescribed by the society's laws; or   Direct Election.  The supreme governing body is a board composed of persons elected by the members, either directly or by their representatives in intermediate assemblies, and any other persons prescribed in the society's laws. A society may provide for election of the board by mail. Each term of a board member may not exceed four (4) years. Vacancies on the board between elections may be filled in the manner prescribed by the society's laws. Those persons elected to the board shall constitute a majority in number and be not less than the number of votes required to amend the society's laws. A person filling the unexpired term of an elected board member shall be considered to be an elected member. The board shall meet at least quarterly to conduct the business of the society;     The officers of the society are elected either by the supreme governing body or by the board of directors;   Only benefit members are eligible for election to the supreme governing body, the board of directors or any intermediate assembly; and   Each voting member has one (1) vote; no vote may be cast by proxy.
TN Code § 56-25-104 (2021)
2021 Tennessee Code|Title 56 - Insurance|Chapter 25 - Fraternal Benefit Societies|Part 1 - General Provisions|§ 56-25-104. Chapter Definitions

 As used in this chapter, unless the context otherwise requires:   “Benefit contract” means the agreement for provision of benefits authorized by § 56-25-401, as that agreement is described in § 56-25-404;   “Benefit member” means an adult member who is designated by the laws or rules of the society to be a benefit member under a benefit contract;   “Certificate” means the document issued as written evidence of the benefit contract;   “Commissioner” means the commissioner of commerce and insurance;   “Laws” means the society's articles of incorporation, charter, constitution and bylaws, however designated;   “Lodge” means subordinate member units of the society, known as camps, courts, councils, branches or by any other designation;   “Premiums” means premiums, rates, dues or other required contributions by whatever name known, which are payable under the certificate;   “Rules” means all rules, regulations or resolutions adopted by the supreme governing body or board of directors that are intended to have general application to the members of the society; and   “Society” means fraternal benefit society, unless otherwise indicated.
TN Code § 56-25-105 (2021)
2021 Tennessee Code|Title 56 - Insurance|Chapter 25 - Fraternal Benefit Societies|Part 1 - General Provisions|§ 56-25-105. Operation for Benefit of Members — Powers

  A society shall operate for the benefit of members and their beneficiaries by:  Providing benefits as specified in § 56-25-1401; and   Operating for one (1) or more social, intellectual, educational, charitable, benevolent, moral, fraternal, patriotic or religious purposes for the benefit of its members, which may also be extended to others. The purposes may be carried out directly by the society, or indirectly through subsidiary corporations or affiliated organizations.     Every society has the power to adopt laws and rules for the government of the society, the admission of its members, and the management of its affairs. It has the power to change, alter, add to or amend the laws and rules and has such other powers as are necessary and incidental to carrying into effect the objects and purposes of the society.   The commissioner may require any society to furnish facts and figures disclosing expenditures made by the society under subdivision (a)(2).
TN Code § 56-25-201 (2021)
2021 Tennessee Code|Title 56 - Insurance|Chapter 25 - Fraternal Benefit Societies|Part 2 - Membership — Proceedings — Officers and Employees|§ 56-25-201. Membership

  A society shall specify in its laws or rules:  Eligibility standards for each and every class of membership; provided, that if benefits are on the lives of children, the minimum age for adult membership shall be set at not less than fifteen (15) years of age and not greater than twenty-one (21) years of age;   The process for admission to membership for each membership class; and   The rights and privileges of each membership class; provided, that only benefit members shall have the right to vote on the management of the insurance affairs of the society.     A society may also admit social members, who shall have no voice or vote in the management of the insurance affairs of the society.   Membership rights in the society are personal to the member and are not assignable.
TN Code § 56-25-202 (2021)
2021 Tennessee Code|Title 56 - Insurance|Chapter 25 - Fraternal Benefit Societies|Part 2 - Membership — Proceedings — Officers and Employees|§ 56-25-202. Meetings — Publications — Annual Statement — Grievance Procedures

  The meetings of its supreme governing body may be held in any state, district, province or territory wherein the society has at least one (1) subordinate lodge, or in such other location as determined by the supreme governing body, and all business transacted at the meetings shall be valid in all respects as if the meetings were held in this state. The minutes of the proceedings of the supreme governing body and of the board of directors shall be in the English language.    A society may provide in its laws for an official publication in which any notice, report or statement required by law to be given to members, including notice of election, may be published. The required notice, report or statement shall be printed conspicuously in the publication. If the records of a society show that two (2) or more members have the same mailing address, an official publication mailed to one (1) member is deemed to be mailed to all members at the same address unless a member requests a separate copy.   Not later than June 1 of each year, a synopsis of the society's annual statement providing an explanation of the facts concerning the condition of the society thereby disclosed shall be printed and mailed to each benefit member of the society or, in lieu thereof, the synopsis may be published in the society's official publication.     A society may provide in its laws or rules for grievance or complaint procedures for members.
TN Code § 56-25-203 (2021)
2021 Tennessee Code|Title 56 - Insurance|Chapter 25 - Fraternal Benefit Societies|Part 2 - Membership — Proceedings — Officers and Employees|§ 56-25-203. Officers, Employees, Etc. — Liability, Indemnification, Insurance

  The officers and members of the supreme governing body or any subordinate body of a society shall not be personally liable for any benefits provided by a society.    Any person may be indemnified and reimbursed by any society for expenses reasonably incurred by, and liabilities imposed upon, the person in connection with or arising out of any action, suit or proceeding, whether civil, criminal, administrative or investigative, or threat thereof, in which the person may be involved by reason of the fact that the person is or was a director, officer, employee or agent of the society or of any firm, corporation or organization that the person served in any capacity at the request of the society.   A person shall not be so indemnified or reimbursed:  In relation to any matter in the action, suit or proceeding as to which the person is finally adjudged to be or have been guilty of breach of a duty as a director, officer, employee or agent of the society; or   In relation to any matter in the action, suit or proceeding, or threat thereof, which has been made the subject of a compromise settlement;  unless, in either such case, the person acted in good faith for a purpose the person reasonably believed to be in or not opposed to the best interests of the society and, in a criminal action or proceeding, in addition, had no reasonable cause to believe that the conduct was unlawful.      The determination whether the conduct of the person met the standard required in order to justify indemnification and reimbursement in relation to any matter described in subdivision (b)(2)(A) or (b)(2)(B) may only be made by the supreme governing body or board of directors by a majority vote of a quorum consisting of persons who were not parties to the action, suit or proceeding or by a court of competent jurisdiction.   The termination of any action, suit or proceeding by judgment, order, settlement, conviction or upon a plea of no contest, as to the person shall not in itself create a conclusive presumption that the person did not meet the standard of conduct required in order to justify indemnification and reimbursement.   The foregoing right of indemnification and reimbursement shall not be exclusive of other rights to which the person may be entitled as a matter of law and shall inure to the benefit of the person's heirs, executors and administrators.     A society has the power to purchase and maintain insurance on behalf of any person who is or was a director, officer, employee or agent of the society, or who is or was serving at the request of the society as a director, officer, employee or agent of any other firm, corporation or organization against any liability asserted against the person and incurred by the person in any such capacity or arising out of the person's status as such, whether or not the society would have the power to indemnify the person against the liability under this section.
TN Code § 56-25-204 (2021)
2021 Tennessee Code|Title 56 - Insurance|Chapter 25 - Fraternal Benefit Societies|Part 2 - Membership — Proceedings — Officers and Employees|§ 56-25-204. Waiver of Laws

 The laws of the society may provide that no subordinate body, nor any of its subordinate officers or members, shall have the power or authority to waive any of the laws of the society. The provision shall be binding on the society and every member and beneficiary of a member.
TN Code § 56-25-302 (2021)
2021 Tennessee Code|Title 56 - Insurance|Chapter 25 - Fraternal Benefit Societies|Part 3 - Organization|§ 56-25-302. Amendment of Laws

  A domestic society may amend its laws in accordance with the provisions thereof by action of its supreme governing body at any regular or special meeting thereof or, if its laws so provide, by referendum. The referendum may be held in accordance with its laws by the vote of the voting members of the society, by the vote of delegates or representative of voting members, or by the vote of local lodges. A society may provide for voting by mail. No amendment submitted for adoption by referendum shall be adopted unless, within six (6) months from the date of submission of the amendment, a majority of the members voting have signified their consent to the amendment by one (1) of the methods specified in this section.   All amendments to the laws of any domestic society shall be filed with the commissioner and shall become operative upon the filing unless a later time be provided in the amendments or in laws of the society.   Within ninety (90) days from the effective date of the amendment, all the amendments, or a synopsis thereof, shall be furnished to all members of the society either by mail or publication in full in the official publication of the society. The affidavit of any officer of the society or of anyone authorized by it to mail any amendments or synopsis, stating facts that show that same have been duly addressed and mailed, shall be prima facie evidence that the amendments or synopsis have been furnished the addressee.   Every foreign or alien society authorized to do business in this state shall file with the commissioner a duly certified copy of all amendments of, or additions to, its laws within ninety (90) days after the enactment of the amendments.   Printed copies of the laws as amended, certified by the secretary or corresponding officer of the society, shall be prima facie evidence of the legal adoption of the laws.
TN Code § 56-25-303 (2021)
2021 Tennessee Code|Title 56 - Insurance|Chapter 25 - Fraternal Benefit Societies|Part 3 - Organization|§ 56-25-303. Nonprofit Institutions

 A society may create, maintain and operate, or may establish organizations to operate, not-for-profit institutions to further the purposes permitted by § 56-25-105(a)(2). The institutions may furnish services free or at a reasonable charge. Any real or personal property owned, held or leased by the society for this purpose shall be reported in every annual statement.
TN Code § 56-25-304 (2021)
2021 Tennessee Code|Title 56 - Insurance|Chapter 25 - Fraternal Benefit Societies|Part 3 - Organization|§ 56-25-304. Restrictions on Merger, Consolidation or Reinsurance

  No fraternal benefit society organized under the laws of this state to do the business of life, accident, or health insurance shall consolidate or merge with any other fraternal benefit society, or reinsure its insurance risks, or any part thereof, with any other fraternal benefit society, or assume or reinsure the whole or any portion of the risks of any other fraternal benefit society, except as provided in this chapter.   No fraternal benefit society or subordinate body thereof shall merge or consolidate with any company or association not licensed to transact business as a fraternal benefit society.   Each fraternal benefit society subject to this chapter shall comply with §§ 56-2-207 — 56-2-209 governing reinsurance contracts. In addition, no reinsurance contract of a fraternal benefit society shall cede or assume risks resident of this state if the principal purpose of such reinsurance contract, as determined by the commissioner, is to avoid the tax due under § 56-4-205.
TN Code § 56-25-306 (2021)
2021 Tennessee Code|Title 56 - Insurance|Chapter 25 - Fraternal Benefit Societies|Part 3 - Organization|§ 56-25-306. Conversion to Stock or Mutual Life Insurance Company

 Any domestic fraternal benefit society may be converted and licensed as a stock or mutual life insurance company by compliance with all the requirements of this title for stock or mutual life insurance companies. A plan of conversion shall be prepared in writing by the board of directors, setting forth in full the terms and conditions of conversion. The affirmative vote of two thirds (2/3) of all members of the supreme governing body at a regular or special meeting shall be necessary for the approval of the commissioner, who may give approval if the commissioner finds that the proposed change is in conformity with the requirements of law and not prejudicial to the certificate holders of the society.
TN Code § 56-25-401 (2021)
2021 Tennessee Code|Title 56 - Insurance|Chapter 25 - Fraternal Benefit Societies|Part 4 - Contractual Benefits|§ 56-25-401. Benefits

  A society may provide the following contractual benefits in any form:  Death benefits;   Endowment benefits;   Annuity benefits;   Temporary or permanent disability benefits;   Hospital, medical or nursing benefits;   Monument or tombstone benefits to the memory of deceased members; and   Such other benefits as authorized for life insurers and that are not inconsistent with this chapter.     A society shall specify in its rules those persons who may be issued, or covered by, the contractual benefits in subsection (a), consistent with providing benefits to members and their dependents. A society may provide benefits on the lives of children under the minimum age for adult membership upon application of an adult person.
TN Code § 56-25-402 (2021)
2021 Tennessee Code|Title 56 - Insurance|Chapter 25 - Fraternal Benefit Societies|Part 4 - Contractual Benefits|§ 56-25-402. Beneficiaries — Funeral Benefits

  The owner of a benefit contract has the right at all times to change the beneficiaries in accordance with the laws or rules of the society, unless the owner waives this right by specifically requesting in writing that the beneficiary designation be irrevocable. A society may, through its laws or rules, limit the scope of beneficiary designations and shall provide that no revocable beneficiary shall have or obtain any vested interest in the proceeds of any certificate, until the certificate has become due and payable in conformity with the benefit contract.   A society may make provision for the payment of funeral benefits to the extent of the portion of any payment under a certificate as might reasonably appear to be due to any person equitably entitled thereto by reason of having incurred expenses occasioned by the burial of the member.   If, at the death of any person insured under a benefit contract, there is no lawful beneficiary to whom the proceeds are payable, the amount of the benefit, except to the extent that funeral benefits may be paid as provided in this section, shall be payable to the personal representatives of the deceased insured; provided, that if the owner of the certificate is other than the insured, the proceeds shall be payable to the owner.
TN Code § 56-25-403 (2021)
2021 Tennessee Code|Title 56 - Insurance|Chapter 25 - Fraternal Benefit Societies|Part 4 - Contractual Benefits|§ 56-25-403. Exemption From Attachment, Garnishment or Other Process

 No money or other benefit, charity, relief or aid to be paid, provided or rendered by any society, shall be liable to attachment, garnishment or other process, or to be seized, taken, appropriated or applied by any legal or equitable process or operation of law to pay any debt or liability of a member or beneficiary, or any other person who may have a right thereunder, either before or after payment by the society.
TN Code § 56-25-405 (2021)
2021 Tennessee Code|Title 56 - Insurance|Chapter 25 - Fraternal Benefit Societies|Part 4 - Contractual Benefits|§ 56-25-405. Nonforfeiture Benefits, Cash Surrender Values, Loans or Other Options

  For certificates issued prior to one (1) year after January 1, 1991, the value of every paid-up nonforfeiture benefit and the amount of any cash surrender, loan or other option granted shall comply with law applicable immediately prior to January 1, 1991.   For certificates issued on or after January 1, 1992, for which reserves are computed on the commissioner's 1941 standard ordinary mortality table, the commissioner's 1941 standard industrial table or the commissioner's 1958 standard ordinary mortality table, or the commissioner's 1980 standard mortality table, or any more recent table made applicable to life insurers, every paid-up nonforfeiture benefit and the amount of any cash surrender value, loan or other option granted shall not be less than the corresponding amount ascertained in accordance with the laws of this state applicable to life insurers issuing policies containing like benefits based upon the tables.
TN Code § 56-25-501 (2021)
2021 Tennessee Code|Title 56 - Insurance|Chapter 25 - Fraternal Benefit Societies|Part 5 - Finances|§ 56-25-501. Investments

 A society shall invest its funds only in the investments that are authorized by the laws of this state for the investment of assets of life insurers and subject to the limitations on the investment. Any foreign or alien society permitted or seeking to do business in this state, which invests its funds in accordance with the laws of the state, district, territory, country or province in which it is incorporated, shall be held to meet the requirements of this section for the investment of funds.