reglab/housing_qa huggingface dataset:
VA Code § 38.2-4002 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 40 - Burial Societies|§ 38.2-4002. Continuation of existing societies

Any burial society that was licensed and operating as a burial society on July 1, 1952, in this Commonwealth may continue to operate as a burial society as long as it complies with the provisions of this chapter and all other applicable statutes.1952, c. 317, § 38.1-552; 1986, c. 562.
VA Code § 38.2-4003 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 40 - Burial Societies|§ 38.2-4003. Licensing of additional societies prohibited

Any burial society that was not licensed and operating as a burial society in this Commonwealth on July 1, 1952, shall not be issued a license as a burial society in this Commonwealth. On or after July 1, 1952, only a renewal of a license held by a society for the preceding year will be issued.1952, c. 317, § 38.1-553; 1986, c. 562.
VA Code § 38.2-4004 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 40 - Burial Societies|§ 38.2-4004. What laws applicable

All burial societies shall comply with all of the provisions of this title relating to insurance companies generally. In the event of conflict between the provisions of this chapter and other provisions of this title, the provisions of this chapter shall be controlling.Code 1950, §§ 38-145, 38-146; 1952, c. 317, § 38.1-554; 1986, c. 562.
VA Code § 38.2-4005 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 40 - Burial Societies|§ 38.2-4005. License may be renewed annually

Each license to a burial society shall expire on the June 30 next occurring after its effective date and may be renewed by the Commission annually.Code 1950, § 38-146; 1952, c. 317, § 38.1-556; 1978, c. 4; 1986, c. 562.
VA Code § 38.2-4006 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 40 - Burial Societies|§ 38.2-4006. Annual meeting

Each burial society shall hold, within the city or county in which the principal office is located in this Commonwealth, a stated annual meeting of its members, or representatives of local boards or subordinate bodies, subject to any regulations, restrictions and provisions the constitution or bylaws of the society may provide.Code 1950, §§ 38-145, 38-455; 1952, c. 317, §§ 38.1-531, 38.1-555; 1986, c. 562.
VA Code § 38.2-4007 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 40 - Burial Societies|§ 38.2-4007. Adoption of bylaws

Each burial society now authorized to do business in this Commonwealth shall, before the adoption of any bylaw or amendment, mail the proposed bylaw or amendment to the members and directors of the society, together with a notice of the time and place when the proposed bylaw or amendment will be considered.Code 1950, §§ 38-145, 38-456; 1952, c. 317, §§ 38.1-532, 38.1-555; 1986, c. 562.
VA Code § 38.2-4008 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 40 - Burial Societies|§ 38.2-4008. Fidelity bond required

As a condition of licensing, each burial society, on behalf of its officers who are charged with the duty of handling its funds, shall obtain, and thereafter for as long as the license remains in effect keep in force, a surety bond with corporate security approved by the Commission. The bond shall be in an amount, not less than $10,000 nor more than $100,000, to be fixed by the Commission. The bond shall secure to the society and its members the faithful performance of its officers' duties and a proper accounting of its funds. The Commission may require the society to provide certification of compliance with the requirements of this section.Code 1950, § 38-148; 1952, c. 317, § 38.1-558; 1986, c. 562; 2001, c. 706; 2002, c. 147.
VA Code § 38.2-4009 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 40 - Burial Societies|§ 38.2-4009. Inspection of books and papers

The books and papers of the burial society shall be open for examination by members or their representatives at all reasonable times.Code 1950, §§ 38-145, 38-457; 1952, c. 317, §§ 38.1-533, 38.1-555; 1986, c. 562.
VA Code § 38.2-4010 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 40 - Burial Societies|§ 38.2-4010. Accumulation of reserve for an emergency fund

A. In addition to provision for liability incurred on account of claims reported but not settled, claims incurred but not reported, and premiums, dues or assessments collected in advance, every company shall accumulate and maintain a reserve for an emergency fund, which in the preparation of financial statements shall be considered a liability of the corporation, of at least $10,000.B. Each burial society shall, in each calendar year, add to that reserve for an emergency fund at least five percent of its net receipts from premiums, dues or assessments from policies of life insurance until the total accumulated reserve fund equals twenty percent of the total benefits provided in the outstanding certificates of life insurance. However, when the corporation has issued policies of life insurance on a legal reserve basis, the net receipts from those policies shall not be considered in the calculation of the reserve for an emergency fund, but the burial society shall be required to maintain only the reserve provided for in the certificates.Code 1950, §§ 38-149, 38-461; 1952, c. 317, §§ 38.1-534, 38.1-559; 1986, c. 562.
VA Code § 38.2-4011 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 40 - Burial Societies|§ 38.2-4011. Maintenance of reserve for an emergency fund

When the reserve for an emergency fund accumulated in accordance with the provisions of § 38.2-4010 equals the maximum amount provided in subsection B of that section, it shall be maintained at not less than that amount. However, no burial society shall be required, in any one year, to set aside more than five percent of its net receipts from premiums, dues or assessments from certificates of life insurance, other than certificates issued on a legal reserve basis.Code 1950, § 38-462; 1952, c. 317, § 38.1-535; 1986, c. 562.
VA Code § 38.2-4012 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 40 - Burial Societies|§ 38.2-4012. Disposition of reserve for an emergency fund; discontinuance of business; receiver

The reserve for an emergency fund required by § 38.2-4010, together with the income earned on that fund, shall be a trust fund for the payment of death claims. Whenever the reserve for an emergency fund exceeds the amount of the maximum sum provided by the certificates issued and in force by the society, the investment income generated by the reserve or an emergency fund shall be added back into that fund. It may apply that excess, or any portion of that excess, (i) in reduction of assessments upon certificate holders, or (ii) in any other equitable division or apportionment that its rules or contracts provide for the payment of claims. When any society discontinues business, delinquency proceedings against the society may be instituted and conducted as provided in Chapter 15 (§ 38.2-1500 et seq.) of this title. In the delinquency proceedings, any unexhausted portion of the reserve for an emergency fund shall be used in payment of accrued claims upon certificates. If this amount is insufficient to pay the claims in full, then the payment of the claims shall be on a pro rata basis; and if a balance remains, the payment of claims shall then be made in the order of their occurrence. Any remaining balance shall be distributed among the members in proportion to their respective premium payments during the latest full year of active business of the society.Code 1950, § 38-464; 1952, c. 317, § 38.1-537; 1986, c. 562.
VA Code § 38.2-4013 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 40 - Burial Societies|§ 38.2-4013. Certificates of membership

Each burial society shall issue certificates of membership to each member of the society. Each certificate shall state the amount of the benefit payable and the name of the beneficiary.Code 1950, § 38-150; 1952, c. 317, § 38.1-560; 1986, c. 562.
VA Code § 38.2-4014 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 40 - Burial Societies|§ 38.2-4014. Required grace period

Each certificate shall have a provision that the certificate holder is entitled to a grace period of thirty-one days within which the payment of any call or assessment may be paid after the first month. The provision shall also state that during the grace period the certificate shall continue in full force, but if a claim arises under the policy during the grace period but before the call or assessment is paid, the amount of the call or assessment may be deducted from the amount payable under the certificate.Code 1950, §§ 38-145, 38-449; 1952, c. 317, §§ 38.1-543, 38.1-555; 1986, c. 562.
VA Code § 38.2-4015 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 40 - Burial Societies|§ 38.2-4015. Certificate to specify amount of payment and when to be paid

Each certificate issued by any burial society shall specify the sum of money payable upon the occurrence of the risk insured against. The amount payable shall not be larger than one assessment upon the entire membership. Each certificate shall also state that within thirty days after due proof of the occurrence of the insured risk, payment shall be made.Code 1950, §§ 38-145, 38-450; 1952, c. 317, §§ 38.1-544, 38.1-555; 1986, c. 562.
VA Code § 38.2-4016 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 40 - Burial Societies|§ 38.2-4016. Payments become liens on society's property

Upon the occurrence of the risk insured against, the burial society shall be obligated to the beneficiary for payment of the claim unless the contract is invalid because of fraud or other reason. This indebtedness shall be a lien upon all the property, effects and bills receivable of the society. This indebtedness shall have priority over all future incurred indebtedness, except as provided in this chapter in the case of the distribution of assets of an insolvent corporation, and as to rights of third parties.Code 1950, §§ 38-145, 38-451; 1952, c. 317, §§ 38.1-545, 38.1-555; 1986, c. 562.
VA Code § 38.2-4017 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 40 - Burial Societies|§ 38.2-4017. Notice of assessment

Each notice of assessment made by any burial society upon any of its members shall state the cause and purpose of the assessment.Code 1950, §§ 38-145, 38-453; 1952, c. 317, §§ 38.1-547, 38.1-555; 1986, c. 562.
VA Code § 38.2-4018 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 40 - Burial Societies|§ 38.2-4018. Liability on officers and directors for failing to levy assessments

The officers or directors of any society who, after due proof of death has been filed, for sixty days refuse or neglect to levy an assessment to pay a claim not disputed by reason of fraud or validity when the death or emergency fund is insufficient to pay the claim, shall be liable to the beneficiary of the certificate. The liability of the officers or directors shall be for a sum not exceeding the face amount of the claim.Code 1950, §§ 38-145, 38-454; 1952, c. 317, §§ 38.1-549, 38.1-555; 1986, c. 562.
VA Code § 38.2-4019 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 40 - Burial Societies|§ 38.2-4019. Beneficiaries

No person other than a spouse, relative by blood to the fourth degree, parent-in-law, child-in-law, stepparent, stepchild, or child by legal adoption of the member, or one who is dependent upon the member or one who has an insurable interest in the life of the member as described in § 38.2-301, shall be named a beneficiary of the member's certificate. Within the above limitations, each member shall have the right to designate his beneficiary and to change his beneficiary, upon due notice to the society. If the beneficiary is not living or if no allowable beneficiary has been designated, any proceeds otherwise payable shall be payable to the member's estate.Code 1950, § 38-151; 1952, c. 317, § 38.1-561; 1986, c. 562; 2020, c. 900.
VA Code § 38.2-4020 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 40 - Burial Societies|§ 38.2-4020. When certificate invalid

A certificate of membership shall be invalid if:1. The certificate holder was ill at the time the certificate was procured;2. Any person concerned in the procurement of the certificate had reason to believe that the illness existed at that time;3. The illness continued to the death of the certificate holder and was a contributing cause of death;4. Health questions were not asked on the application for coverage; and5. The certificate holder died within sixty days from the date the certificate was issued.Code 1950, § 38-153; 1952, c. 317, § 38.1-562; 1986, c. 562.
VA Code § 38.2-4021 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 40 - Burial Societies|§ 38.2-4021. Interest in benefits; assignability; liability to attachment, etc.

No beneficiary shall have or obtain any vested interest in a benefit until the benefit has become due and payable upon the death of the member. No certificate of membership in any burial society, nor any interest or rights in the certificate shall be assigned unless the assignment is to a person authorized by § 38.2-4019 to be named as a beneficiary except for the purpose of funding or paying for a preneed funeral contract as defined in § 54.1-2800, notwithstanding the provisions of § 38.2-4022, and so long as such assignment is revocable by the assignor. No money or other benefit provided by any burial society shall be liable to attachment, garnishment or other process, or 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 to the benefit, either before or after payment.Code 1950, § 38-152; 1952, c. 317, § 38.1-563; 1983, c. 94; 1986, c. 562; 1987, c. 647; 1989, c. 684.
VA Code § 38.2-4022 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 40 - Burial Societies|§ 38.2-4022. Certain contracts with undertakers, etc., forbidden

No burial society shall contract to pay or pay benefits provided under certificates of membership, to any official or designated undertaker or mortician or person engaged in the business of conducting and servicing funerals, so as to deprive the representatives or family of the deceased member from, or in any way control them in, obtaining funeral supplies and services in an open competitive market.Code 1950, § 38-155; 1952, c. 317, § 38.1-565; 1986, c. 562.
VA Code § 38.2-4100 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 41 - Fraternal Benefit Societies|§ 38.2-4100. Fraternal benefit societies

Any society, order or supreme lodge without capital stock, including one exempted under the provisions of subdivision 6 of subsection A of § 38.2-4135 of this chapter, 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 providing benefits in accordance with this chapter, is hereby declared to be a fraternal benefit society.Code 1950, §§ 38-254, 38.1-569; 1952, c. 317, § 38.1-638.1; 1968, c. 654; 1986, c. 562.
VA Code § 38.2-4101 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 41 - Fraternal Benefit Societies|§ 38.2-4101. Lodge system

A. 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 rituals. Subordinate lodges shall be required by the laws of the society to hold regular meetings at least once each month in furtherance of the purposes of the society.B. 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 such children, nor shall they have a voice or vote in the management of the society.Code 1950, §§ 38-255, 38.1-570; 1952, c. 317, § 38.1-638.2; 1968, c. 654; 1986, c. 562.
VA Code § 38.2-4102 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 41 - Fraternal Benefit Societies|§ 38.2-4102. Representative form of government

A society has a representative form of government when:1. It has a supreme governing body constituted in one of the following ways:a. 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 of the votes and not less than the number of votes required to amend the society's laws. The assembly shall be elected, meet at least once every four years, and 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.b. 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 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 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.2. The officers of the society are elected either by the supreme governing body or by the board of directors.3. Only benefit members are eligible for election to the supreme governing body, the board of directors or any intermediate assembly.4. Each voting member shall have one vote; no vote may be cast by proxy.Code 1950, §§ 38-256, 38.1-571; 1952, c. 317, § 38.1-638.3; 1968, c. 654; 1986, c. 562.
VA Code § 38.2-4103 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 41 - Fraternal Benefit Societies|§ 38.2-4103. Definitions

As used in this chapter:"Benefit contract" means the agreement for provision of benefits authorized by § 38.2-4116, as that agreement is described in § 38.2-4119."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."Laws" means the society's articles of incorporation, 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 which are intended to have general application to the members of the society."Society" means fraternal benefit society, unless otherwise indicated.1986, c. 562.
VA Code § 38.2-4104 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 41 - Fraternal Benefit Societies|§ 38.2-4104. Purposes and powers

A. A society shall operate for the benefit of members and their beneficiaries by:1. Providing benefits as specified in § 38.2-4116; and2. Operating for one 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. Such purposes may be carried out directly by the society, or indirectly through subsidiary corporations or affiliated organizations.B. Every society shall have 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 shall have the power to change, alter, add to or amend such laws and rules and shall have any other powers necessary and incidental to effecting the objects and purposes of the society.Code 1950, §§ 38-277, 38.1-593; 1952, c. 317, § 38.1-638.25; 1968, c. 654, § 38.1-638.36; 1986, c. 562.
VA Code § 38.2-4105 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 41 - Fraternal Benefit Societies|§ 38.2-4105. Qualifications for membership

A. A society shall specify in its laws or rules:1. Eligibility standards for every class of membership, provided that if benefits are provided on the lives of children, the minimum age for adult membership shall be set at not less than age fifteen and not greater than age twenty-one;2. The process for admission to membership for each membership class; and3. 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.B. A society may also admit social members who shall have no voice or vote in the management of the insurance affairs of the society.C. Membership rights in the society are personal to the member and are not assignable.Code 1950, §§ 38-286, 38-293, 38.1-602, 38.1-609; 1952, c. 317, § 38.1-638.29; 1964, c. 355; 1968, c. 654; 1972, cc. 530, 825; 1986, c. 562.
VA Code § 38.2-4106 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 41 - Fraternal Benefit Societies|§ 38.2-4106. Location of office; meetings, communications to members; grievance procedures

A. The principal office of any domestic society shall be located in this Commonwealth. The meetings of its supreme governing body may be held in any state, district, province or territory wherein such society has at least one subordinate lodge, or in any other location determined by the supreme governing body. All business transacted at such meetings shall be as valid in all respects as if such meetings were held in this Commonwealth. The minutes of the proceedings of the supreme governing body and of the board of directors shall be in the English language.B. 1. 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. Such required reports, notices, and statements shall be printed conspicuously in the publication. If the records of a society show that two or more members have the same mailing address, an official publication mailed to one member is deemed to be mailed to all members at the same address unless a member requests a separate copy.2. 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 either (i) be printed and mailed to each benefit member of the society or (ii) published in the society's official publication.C. A society may provide in its laws or rules for grievance or complaint procedures for members.Code 1950, §§ 38-259, 38-318, 38.1-576, 38.1-626; 1952, c. 317, §§ 38.1-638.8, 38.1-638.47; 1968, c. 654; 1986, c. 562.