reglab/housing_qa huggingface dataset:
GA Code § 33-15-41 (2021)
2021 Georgia Code|Title 33 - Insurance|Chapter 15 - Fraternal Benefit Societies|Article 3 - Formation and Petitions for Charter; Amendments of Laws; Reinsurance; Consolidations and Mergers; Conversions|§ 33-15-41. Amendment of Laws; Referendum; Approval of Commissioner

  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. Such referendum may be held in accordance with the provisions of its laws by the vote of the voting members of the society, by the vote of delegates or representatives 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 months from the date of submission thereof, a majority of the members voting shall have signified their consent to such amendment by one of the methods specified in this Code section. Charter amendments shall be filed in triplicate with the Commissioner, published, and approved only under the procedure established in Code Section 33-14-8.   No amendment to the laws of any domestic society shall take effect unless approved by the Commissioner and granted by the Secretary of State as provided in Code Section 33-14-8.The Commissioner and Secretary of State shall approve the amendment if they find that it has been duly adopted and is not inconsistent with any requirement of the laws of this state or with the character, objects, and purposes of the society.Unless the Commissioner shall disapprove any such amendment within 30 days after the filing of same, such amendment shall be considered approved.The approval or disapproval of the Commissioner shall be forwarded, in writing, to the Secretary of State and also mailed to the secretary or corresponding officer of the society at its principal office.If the Commissioner disapproves such amendment, the reasons therefor shall be stated in such written notice.Amendments to charters shall not be effective until granted by the Secretary of State.   Within 90 days from the approval thereof by the Commissioner, all such amendments or a synopsis thereof shall be furnished to all members of the society either by mail or by 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 thereof, stating facts which show that same have been duly addressed and mailed, shall be prima-facie evidence that such amendments or synopsis thereof 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 30 days after the enactment of same.   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 thereof.     (Code 1981, §33-15-41, enacted by Ga. L. 1993, p. 1744, § 1; Ga. L. 2000, p. 1307, § 6.)
GA Code § 33-15-42 (2021)
2021 Georgia Code|Title 33 - Insurance|Chapter 15 - Fraternal Benefit Societies|Article 3 - Formation and Petitions for Charter; Amendments of Laws; Reinsurance; Consolidations and Mergers; Conversions|§ 33-15-42. Operation of Not for Profit Institutions

 A society may create, maintain, and operate, or may establish organizations to operate, not for profit institutions to further the purposes permitted by paragraph (2) of subsection (a) of Code Section 33-15-5.Such 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.No society shall own or operate funeral homes or undertaking establishments.    (Code 1981, §33-15-42, enacted by Ga. L. 1993, p. 1744, § 1.)
GA Code § 33-15-43 (2021)
2021 Georgia Code|Title 33 - Insurance|Chapter 15 - Fraternal Benefit Societies|Article 3 - Formation and Petitions for Charter; Amendments of Laws; Reinsurance; Consolidations and Mergers; Conversions|§ 33-15-43. Reinsurance

  A domestic society may, by a reinsurance agreement, cede any individual risk or risks in whole or in part to an insurer other than another fraternal benefit society having the power to make such reinsurance and authorized to do business in this state, in accordance with Code Section 33-7-14.   Notwithstanding the limitation in subsection (a) of this Code section, a society may reinsure the risks of another society in a consolidation or merger approved by the Commissioner under Code Section 33-15-44.     (Code 1981, §33-15-43, enacted by Ga. L. 1993, p. 1744, § 1.)   RESEARCH REFERENCES   Am. Jur. 2d.   - 43 Am. Jur. 2d, Insurance, § 1812 et seq.   ALR.    - Who may enforce liability of reinsurer, 103 A.L.R. 1485.   Who may enforce liability of reinsurer, 87 A.L.R.6th 319.
GA Code § 33-15-45 (2021)
2021 Georgia Code|Title 33 - Insurance|Chapter 15 - Fraternal Benefit Societies|Article 3 - Formation and Petitions for Charter; Amendments of Laws; Reinsurance; Consolidations and Mergers; Conversions|§ 33-15-45. Conversion to Mutual Life Insurance Company

 Any domestic fraternal benefit society may be converted and licensed as a mutual life insurance company by compliance with all the applicable requirements of Chapter 14 of this title if the plan of conversion has been approved by the Commissioner. 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 of all members of the supreme governing body at a regular or special meeting shall be necessary for the approval of such plan.No such conversion shall take effect unless and until approved by the Commissioner who may give such 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.    (Code 1981, §33-15-45, enacted by Ga. L. 1993, p. 1744, § 1.)
GA Code § 33-15-60 (2021)
2021 Georgia Code|Title 33 - Insurance|Chapter 15 - Fraternal Benefit Societies|Article 4 - Benefit Contracts|§ 33-15-60. Contractual Benefits Allowed; Persons Covered

  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 which 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) of this Code section, 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.     (Code 1981, §33-15-60, enacted by Ga. L. 1993, p. 1744, § 1.)   RESEARCH REFERENCES   Am. Jur. 2d.   - 36 Am. Jur. 2d, Fraternal Orders and Benefit Societies, § 95.   C.J.S.   - 10 C.J.S., Beneficial Associations, § 35 et seq.
GA Code § 33-15-61 (2021)
2021 Georgia Code|Title 33 - Insurance|Chapter 15 - Fraternal Benefit Societies|Article 4 - Benefit Contracts|§ 33-15-61. Beneficiary Designations; Funeral Benefits; Payment Upon Death of Person Without Lawful Beneficiary

  The owner of a benefit contract shall have the right at all times to change the beneficiary or 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 provisions of the benefit contract.   A society may make provision for the payment of funeral benefits to the extent of such 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 expense 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 shall be payable, the amount of such benefit, except to the extent that funeral benefits may be paid as provided in subsection (b) of this Code section, shall be payable to the estate of the deceased insured the same as other property not exempt, provided that if the owner of the certificate is other than the insured, such proceeds shall be payable to such owner.     (Code 1981, §33-15-61, enacted by Ga. L. 1993, p. 1744, § 1.)   RESEARCH REFERENCES   Am. Jur. 2d.   - 36 Am. Jur. 2d, Fraternal Orders and Benefit Societies, § 116.   ALR.    - Surrender and return of benefit certificate as condition of change of beneficiaries, 1 A.L.R. 971.    Right to change beneficiary of mutual benefit certificate as affected by payment of premiums, or other consideration moving original beneficiary, 18 A.L.R. 383.    Disposition of benefit fund in benefit society on failure of beneficiary in absence of specific provision for such contingency, 31 A.L.R. 762.    Divorce of insured and beneficiary as affecting the latter's right in life insurance, 52 A.L.R. 386; 175 A.L.R. 1220.
GA Code § 33-15-62 (2021)
2021 Georgia Code|Title 33 - Insurance|Chapter 15 - Fraternal Benefit Societies|Article 4 - Benefit Contracts|§ 33-15-62. Exemption of Benefits From 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.    (Code 1981, §33-15-62, enacted by Ga. L. 1993, p. 1744, § 1.)   Cross references.   - Attachment, T. 18, C. 3.   Garnishment, T. 18, C. 4.   JUDICIAL DECISIONS   Editor's notes.   - In light of the similarity of the statutory provisions, decisions under former Code 1933, § 46-213, are included in the annotations for this Code section.   Section deals with different property than exempted by Constitution.    - The Legislature, in enacting this section, was dealing with a different species of property from that dealt with in Ga. Const. 1976, Art. I, Sec. I, Para. XXIII (see Ga. Const. 1983, Art. I, Sec. I, Para. XXVI). Southall v. Blount, 182 Ga. 368, 185 S.E. 321 (1936) (decided under former Code 1933, § 46-213).   Section does not violate constitutional limit on value.    - This section, relating to exemption of benefits to be paid by fraternal benefit societies, is not violative of Ga. Const. 1976, Art. I, Sec. I, Para. XXIII (see Ga. Const. 1983, Art. I, Sec. I, Para. XXVI), providing for exemption from levy and sale of the property of certain specified persons, realty or personalty, or both, to the value in the aggregate of $1,600.00, such constitutional provision not being a limitation upon legislative power as to a species of property not therein dealt with and not being applicable to cases of exemption of "money or other benefit" payable by a fraternal benefit society. Southall v. Blount, 182 Ga. 368, 185 S.E. 321 (1936) (decided under former Code 1933, § 46-213).   Application in bankruptcy.    - Debtor's exemption in the cash surrender value of a life insurance policy received from a fraternal benefit society was limited to the amount in O.C.G.A. §§ 33-15-62 and44-13-100(a)(9), did not apply. O.C.G.A. § 44-13-100(a)(9) does not distinguish between policies provided by a fraternal benefit society and those that were not. Walton v. Gay (In re Gay), Bankr. (Bankr. S.D. Ga. Aug. 9, 2012).   RESEARCH REFERENCES   Am. Jur. 2d.   - 36 Am. Jur. 2d, Fraternal Orders and Benefit Societies, § 64.   ALR.    - Constitutionality of statute exempting proceeds of life or benefit insurance, 1 A.L.R. 757.
GA Code § 33-15-64 (2021)
2021 Georgia Code|Title 33 - Insurance|Chapter 15 - Fraternal Benefit Societies|Article 4 - Benefit Contracts|§ 33-15-64. Provisions on Control of Exercise of Rights Incident to Certificate; Printing; Notice and Consent Requirements

  Any provision of a certificate which stipulates or relates to the control of the exercise of all rights incident to the certificate shall be set out under a separate caption and shall be printed in boldface type.   Any provision of a certificate which changes the control of the exercise of all rights incident to the certificate from the original applicant to the named member upon such member's attainment of a certain age, which is less than the age of legal majority as provided in Code Section 39-1-1, shall not become effective unless written notice has been given to the original applicant and the named member and the written consent of such parties has been obtained as provided in subsection (c) of this Code section.   The notice as required in subsection (b) of this Code section shall be given 180 days prior to the date the member will attain the designated age. The notice shall be delivered in person or given by depositing the notice in the United States mail to be dispatched by at least first-class mail to the last addresses of record of the original applicant and the named member and receiving the receipt provided by the United States Postal Service or such other evidence as prescribed or accepted by the United States Postal Service.   In the event the written consent of the original applicant and the named member is not obtained prior to the date such member reaches the age designated in the certificate, the original applicant shall retain control of the exercise of all rights incident to the policy until the date the named member reaches the age of legal majority as defined in Code Section 39-1-1.     (Code 1981, §33-15-64, enacted by Ga. L. 1993, p. 1744, § 1; Ga. L. 2019, p. 337, § 1-74/SB 132.)    The 2019 amendment,  effective July 1, 2019, substituted "subsection (b)" for "subsection (a)" in the first sentence of subsection (c).
GA Code § 33-15-65 (2021)
2021 Georgia Code|Title 33 - Insurance|Chapter 15 - Fraternal Benefit Societies|Article 4 - Benefit Contracts|§ 33-15-65. Value of Paid-Up Nonforfeiture Benefits and Amounts of Cash Surrender Values, Loans, or Other Options

  For certificates issued prior to one year after January 1, 1994, the value of every paid-up nonforfeiture benefit and the amount of any cash surrender value, loan, or other option granted shall comply with the provisions of law applicable immediately prior to January 1, 1994.   For certificates issued on or after one year from January 1, 1994, for which reserves are computed on the Commissioners 1941 Standard Ordinary Mortality Table, the Commissioners 1941 Standard Industrial Table, the Commissioners 1958 Standard Ordinary Mortality Table, or the Commissioners 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 such tables.     (Code 1981, §33-15-65, enacted by Ga. L. 1993, p. 1744, § 1.)
GA Code § 33-15-80 (2021)
2021 Georgia Code|Title 33 - Insurance|Chapter 15 - Fraternal Benefit Societies|Article 5 - Assets and Investments|§ 33-15-80. Investments of Funds

 A society shall invest its funds only in such investments as are authorized by the laws of this state for the investment of assets of life insurers and subject to the limitations thereon.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 Code section for the investment of funds.    (Code 1981, §33-15-80, enacted by Ga. L. 1993, p. 1744, § 1.)   Cross references.   - Authorized investments for insurers generally, § 33-11-6 et seq.    Investment requirements for foreign and alien societies, § 33-15-104.   RESEARCH REFERENCES   Am. Jur. 2d.   - 36 Am. Jur. 2d, Fraternal Orders and Benefit Societies, § 78.
GA Code § 33-15-81 (2021)
2021 Georgia Code|Title 33 - Insurance|Chapter 15 - Fraternal Benefit Societies|Article 5 - Assets and Investments|§ 33-15-81. Disposition of Assets; Funds; Accounts

  All assets shall be held, invested, and disbursed for the use and benefit of the society, and no member or beneficiary shall have or acquire individual rights therein or become entitled to any apportionment on the surrender of any part thereof, except as provided in the benefit contract.   A society may create, maintain, invest, disburse, and apply any special fund or funds necessary to carry out any purpose permitted by the laws of such society.   A society may, pursuant to resolution of its supreme governing body, establish and operate one or more separate accounts and issue contracts on a variable basis, subject to the provisions of law regulating life insurers establishing such accounts and issuing such contracts.To the extent the society deems it necessary in order to comply with any applicable federal or state laws or any rules issued thereunder, the society may adopt special procedures for the conduct of the business and affairs of a separate account; may, for persons having beneficial interests therein, provide special voting and other rights, including, without limitation, special rights and procedures relating to investment policy, investment advisory services, selection of certified public accountants, and selection of a committee to manage the business and affairs of the account; and may issue contracts on a variable basis to which subsections (b) and (d) of Code Section 33-15-63 shall not apply.     (Code 1981, §33-15-81, enacted by Ga. L. 1993, p. 1744, § 1.)   RESEARCH REFERENCES   C.J.S.   - 10 C.J.S., Beneficial Associations, § 22.   ALR.    - Disposition of benefit fund in benefit society on failure of beneficiary in absence of specific provision for such contingency, 31 A.L.R. 762.
GA Code § 33-15-82 (2021)
2021 Georgia Code|Title 33 - Insurance|Chapter 15 - Fraternal Benefit Societies|Article 5 - Assets and Investments|§ 33-15-82. Exemption From Other Insurance Laws

 Except as otherwise provided in this chapter, societies shall be governed by this chapter and shall be exempt from all other provisions of the insurance laws of this state unless they are expressly designated therein or unless they are specifically made applicable by this chapter.    (Code 1981, §33-15-82, enacted by Ga. L. 1993, p. 1744, § 1.)
GA Code § 33-15-83 (2021)
2021 Georgia Code|Title 33 - Insurance|Chapter 15 - Fraternal Benefit Societies|Article 5 - Assets and Investments|§ 33-15-83. Exemption From Taxation

 Every society organized or licensed under this chapter is declared to be a charitable and benevolent institution, and all of its funds shall be exempt from all and every state, county, district, municipal, and school taxes other than taxes on real estate and office equipment.    (Code 1981, §33-15-83, enacted by Ga. L. 1993, p. 1744, § 1.)   Law reviews.   - For survey of 1995 Eleventh Circuit cases on federal taxation, see 47 Mercer L. Rev. 879 (1996). For survey of 2004 Eleventh Circuit cases on federal taxation, see 56 Mercer L. Rev. 1287 (2005).   OPINIONS OF THE ATTORNEY GENERAL   Municipal occupation tax on societies not prohibited.   - This title does not prohibit the imposition of a reasonable occupation tax on fraternal benefit societies actually doing business in a municipality. 1969 Op. Att'y Gen. No. 69-187.   RESEARCH REFERENCES   Am. Jur. 2d.   - 18A Am. Jur. 2d, Corporations, § 679.   C.J.S.   - 84 C.J.S., Taxation, § 295.   ALR.    - Exemption from taxation of property of fraternal or relief association, 22 A.L.R. 907; 83 A.L.R. 773.   Tax exemption of property used by fraternal or benevolent association for clubhouse or similar purposes, 39 A.L.R.3d 640.
GA Code § 33-15-100 (2021)
2021 Georgia Code|Title 33 - Insurance|Chapter 15 - Fraternal Benefit Societies|Article 6 - Valuation Standards; Licenses and Renewals; Examinations; Violations; Agents or Representatives|§ 33-15-100. Standards of Valuation

  Standards of valuation for certificates issued prior to one year after January 1, 1994, shall be those provided by the laws applicable immediately prior to January 1, 1994.   The minimum standards of valuation for certificates issued on or after one year from January 1, 1994, shall be based on the following tables:   For certificates of life insurance - the Commissioners 1941 Standard Ordinary Mortality Table, the Commissioners 1941 Standard Industrial Table, the Commissioners 1958 Standard Ordinary Mortality Table, the Commissioners 1980 Standard Ordinary Mortality Table, or any more recent table made applicable to life insurers; and   For annuity and pure endowment certificates, for total and permanent disability benefits, for accidental death benefits, and for noncancelable accident and health benefits - such tables as are authorized for use by life insurers in this state.  All of the above shall be under valuation methods and standards, including interest assumptions, in accordance with the laws of this state applicable to life insurers issuing policies containing like benefits.      The Commissioner may, in his or her discretion, accept other standards for valuation if the Commissioner finds that the reserves produced thereby will not be less in the aggregate than reserves computed in accordance with the minimum valuation standard prescribed in subsection (b) of this Code section.The Commissioner may, in his or her discretion, vary the standards of mortality applicable to all benefit contracts on substandard lives or other extrahazardous lives by any society authorized to do business in this state.   Any society, with the consent of the commissioner of insurance of the state of domicile of the society and under such conditions, if any, which the commissioner may impose, may establish and maintain reserves on its certificates in excess of the reserves required thereunder, but the contractual rights of any benefit member shall not be affected thereby.     (Code 1981, §33-15-100, enacted by Ga. L. 1993, p. 1744, § 1.)