reglab/housing_qa huggingface dataset:
TX Ins Code § 885.055 (2021)
2021 Texas Statutes|Insurance Code|Title 6 - Organization of Insurers and Related Entities|Subtitle E - Mutual and Fraternal Companies and Related Entities|Chapter 885 - Fraternal Benefit Societies|Subchapter B. Structure of Fraternal Benefit Society|Section 885.055. Assembly as Supreme Governing Body

Sec. 885.055.  ASSEMBLY AS SUPREME GOVERNING BODY.  (a)  The supreme governing body of a fraternal benefit society is an assembly if the body is composed of:(1)  delegates elected directly by the members or at intermediate assemblies or conventions by the members or their representatives;  and(2)  other delegates as prescribed by the fraternal benefit society's laws.(b)  The elected delegates to an assembly must:(1)  constitute a majority of the assembly in number;  and(2)  be entitled to cast the greater of:(A)  two-thirds of the votes in the assembly;  or(B)  the number of votes required to amend the fraternal benefit society's laws.(c)  A fraternal benefit society may provide for election of delegates by mail.|Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.|
TX Ins Code § 885.056 (2021)
2021 Texas Statutes|Insurance Code|Title 6 - Organization of Insurers and Related Entities|Subtitle E - Mutual and Fraternal Companies and Related Entities|Chapter 885 - Fraternal Benefit Societies|Subchapter B. Structure of Fraternal Benefit Society|Section 885.056. Assembly Meetings; Directors

Sec. 885.056.  ASSEMBLY MEETINGS;  DIRECTORS.  (a)  An assembly that is the supreme governing body of a fraternal benefit society shall:(1)  meet at least once every four years;  and(2)  elect a board of directors to conduct the business of the society between meetings of the assembly.(b)  A vacancy on the board of directors that occurs between elections may be filled in the manner prescribed by the fraternal benefit society's laws.|Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.|
TX Ins Code § 885.057 (2021)
2021 Texas Statutes|Insurance Code|Title 6 - Organization of Insurers and Related Entities|Subtitle E - Mutual and Fraternal Companies and Related Entities|Chapter 885 - Fraternal Benefit Societies|Subchapter B. Structure of Fraternal Benefit Society|Section 885.057. Board as Supreme Governing Body

Sec. 885.057.  BOARD AS SUPREME GOVERNING BODY.  (a)  The supreme governing body of a fraternal benefit society is a board if the body is composed of:(1)  individuals elected directly by the members or at intermediate assemblies by the members or their representatives;  and(2)  other individuals as prescribed by the fraternal benefit society's laws.(b)  The individuals elected to the board must:(1)  constitute a majority of the board in number;  and(2)  have at least the number of votes required to amend the fraternal benefit society's laws, other than laws, if any, that must be amended by direct vote of the members.(c)  A fraternal benefit society may provide for election of the board by mail.|Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.|
TX Ins Code § 885.058 (2021)
2021 Texas Statutes|Insurance Code|Title 6 - Organization of Insurers and Related Entities|Subtitle E - Mutual and Fraternal Companies and Related Entities|Chapter 885 - Fraternal Benefit Societies|Subchapter B. Structure of Fraternal Benefit Society|Section 885.058. Board Members; Meetings

Sec. 885.058.  BOARD MEMBERS;  MEETINGS.  (a)  The term of a member of a board that is the supreme governing body of a fraternal benefit society may not exceed four years.(b)  A vacancy on the board that occurs between elections may be filled in the manner prescribed by the fraternal benefit society's laws.  An individual filling the unexpired term of an elected board member is considered to be an elected member.(c)  A board shall meet at least annually to conduct the business of the fraternal benefit society.|Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.|
TX Ins Code § 885.059 (2021)
2021 Texas Statutes|Insurance Code|Title 6 - Organization of Insurers and Related Entities|Subtitle E - Mutual and Fraternal Companies and Related Entities|Chapter 885 - Fraternal Benefit Societies|Subchapter B. Structure of Fraternal Benefit Society|Section 885.059. Location of Meetings of Supreme Governing Body

Sec. 885.059.  LOCATION OF MEETINGS OF SUPREME GOVERNING BODY.  (a)  A domestic fraternal benefit society may provide that its supreme governing body may hold meetings in any state, district, province, or territory in which the society has a lodge.(b)  All business transacted at a meeting authorized under Subsection (a) is as valid in all respects as if the meeting were held in this state.|Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.|
TX Ins Code § 885.060 (2021)
2021 Texas Statutes|Insurance Code|Title 6 - Organization of Insurers and Related Entities|Subtitle E - Mutual and Fraternal Companies and Related Entities|Chapter 885 - Fraternal Benefit Societies|Subchapter B. Structure of Fraternal Benefit Society|Section 885.060. Fraternal Benefit Society's Laws Binding

Sec. 885.060.  FRATERNAL BENEFIT SOCIETY'S LAWS BINDING.  A fraternal benefit society's laws may provide that a lodge or a subordinate officer or member of the society may not waive any provision of those laws.  Those laws are binding on:(1)  the society;(2)  each member of the society;  and(3)  each beneficiary of a member.|Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.|
TX Ins Code § 885.061 (2021)
2021 Texas Statutes|Insurance Code|Title 6 - Organization of Insurers and Related Entities|Subtitle E - Mutual and Fraternal Companies and Related Entities|Chapter 885 - Fraternal Benefit Societies|Subchapter B. Structure of Fraternal Benefit Society|Section 885.061. Amendment of Fraternal Benefit Society's Laws

Sec. 885.061.  AMENDMENT OF FRATERNAL BENEFIT SOCIETY'S LAWS.  (a)  A fraternal benefit society transacting business under this chapter shall file with the department a certified copy of each amendment of the fraternal benefit society's laws not later than the 90th day after the date of enactment of the amendment.(b)  A printed copy of a fraternal benefit society's laws, as amended, that is certified by the society's secretary or corresponding officer is prima facie evidence that the laws were legally adopted.|Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.|
TX Ins Code § 885.062 (2021)
2021 Texas Statutes|Insurance Code|Title 6 - Organization of Insurers and Related Entities|Subtitle E - Mutual and Fraternal Companies and Related Entities|Chapter 885 - Fraternal Benefit Societies|Subchapter B. Structure of Fraternal Benefit Society|Section 885.062. Quarterly Lodge Meetings Required

Sec. 885.062.  QUARTERLY LODGE MEETINGS REQUIRED.  A fraternal benefit society's laws must require each lodge to hold regular meetings at least once each calendar quarter to further the society's purposes.|Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.|
TX Ins Code § 885.063 (2021)
2021 Texas Statutes|Insurance Code|Title 6 - Organization of Insurers and Related Entities|Subtitle E - Mutual and Fraternal Companies and Related Entities|Chapter 885 - Fraternal Benefit Societies|Subchapter B. Structure of Fraternal Benefit Society|Section 885.063. Merger or Transfer of Membership or Funds

Sec. 885.063.  MERGER OR TRANSFER OF MEMBERSHIP OR FUNDS.  (a)  A domestic fraternal benefit society may not merge with or accept a transfer of the membership or funds of another fraternal benefit society unless:(1)  the merger or transfer is evidenced by a written contract that fully sets out the terms of the merger or transfer;  and(2)  the societies file with the department:(A)  a copy of the contract;(B)  a sworn statement of the financial condition of each society by its president and secretary or corresponding officers;  and(C)  a certificate of those officers, verified under oath, that the merger or transfer has been approved by a vote of two-thirds of the members of the supreme governing body of each society.(b)  On submission, the commissioner shall examine the contract, financial statements, and certificates.  The commissioner shall approve the merger or transfer and issue a certificate to that effect if the commissioner determines that:(1)  the contract conforms with this section and Section 885.052(d);(2)  the financial statements are correct;(3)  the merger or transfer is just and equitable to the members of each society;  and(4)  the new or surviving society complies with each requirement of a fraternal benefit society under this chapter.(c)  A contract of merger or transfer takes effect on issuance of a certificate under Subsection (b).|Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.|
TX Ins Code § 885.101 (2021)
2021 Texas Statutes|Insurance Code|Title 6 - Organization of Insurers and Related Entities|Subtitle E - Mutual and Fraternal Companies and Related Entities|Chapter 885 - Fraternal Benefit Societies|Subchapter C. Members|Section 885.101. Qualifications for Fraternal Benefit Society Membership

Sec. 885.101.  QUALIFICATIONS FOR FRATERNAL BENEFIT SOCIETY MEMBERSHIP.  (a)  A fraternal benefit society shall specify in the fraternal benefit society's laws or rules:(1)  subject to Subsection (b), the eligibility standards for each membership class;(2)  the process for admission for each membership class;  and(3)  subject to Subsection (c), the rights and privileges of each membership class.(b)  If a fraternal benefit society provides benefits on the lives of children, the minimum age for adult membership may not be less than 15 years or more than 21 years.(c)  Only a benefit member may vote on the management of the insurance affairs of a fraternal benefit society.(d)  Membership rights in a fraternal benefit society are personal to the member, and a member may not assign those rights.|Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.|
TX Ins Code § 885.102 (2021)
2021 Texas Statutes|Insurance Code|Title 6 - Organization of Insurers and Related Entities|Subtitle E - Mutual and Fraternal Companies and Related Entities|Chapter 885 - Fraternal Benefit Societies|Subchapter C. Members|Section 885.102. Social Members

Sec. 885.102.  SOCIAL MEMBERS.  A fraternal benefit society may admit social members.  A social member may not vote in the management of the insurance affairs of the society.|Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.|
TX Ins Code § 885.103 (2021)
2021 Texas Statutes|Insurance Code|Title 6 - Organization of Insurers and Related Entities|Subtitle E - Mutual and Fraternal Companies and Related Entities|Chapter 885 - Fraternal Benefit Societies|Subchapter C. Members|Section 885.103. Children

Sec. 885.103.  CHILDREN.  (a)  A fraternal benefit society may organize and operate branches for children on whose lives the society provides insurance or annuities.(b)  A child is not required to be a member of a lodge or to be initiated in a lodge.(c)  A child may not have any voice in the management of a fraternal benefit society.|Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.|
TX Ins Code § 885.104 (2021)
2021 Texas Statutes|Insurance Code|Title 6 - Organization of Insurers and Related Entities|Subtitle E - Mutual and Fraternal Companies and Related Entities|Chapter 885 - Fraternal Benefit Societies|Subchapter C. Members|Section 885.104. Grievance or Complaint Procedures

Sec. 885.104.  GRIEVANCE OR COMPLAINT PROCEDURES.  A fraternal benefit society's laws or rules may provide for grievance or complaint procedures for members.|Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.|
TX Ins Code § 885.151 (2021)
2021 Texas Statutes|Insurance Code|Title 6 - Organization of Insurers and Related Entities|Subtitle E - Mutual and Fraternal Companies and Related Entities|Chapter 885 - Fraternal Benefit Societies|Subchapter D. Authority to Engage in Business|Section 885.151. Applicability to Certain Fraternal Benefit Societies Continuously Authorized to Engage in Business

Sec. 885.151.  APPLICABILITY TO CERTAIN FRATERNAL BENEFIT SOCIETIES CONTINUOUSLY AUTHORIZED TO ENGAGE IN BUSINESS.  This subchapter does not apply to a fraternal benefit society authorized to engage in business in this state on June 1, 1965, as long as the society's certificate of authority or any renewal or extension of its certificate of authority continues in force.|Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.|
TX Ins Code § 885.152 (2021)
2021 Texas Statutes|Insurance Code|Title 6 - Organization of Insurers and Related Entities|Subtitle E - Mutual and Fraternal Companies and Related Entities|Chapter 885 - Fraternal Benefit Societies|Subchapter D. Authority to Engage in Business|Section 885.152. Eligibility to Provide Benefits

Sec. 885.152.  ELIGIBILITY TO PROVIDE BENEFITS.  After June 1, 1965, a corporation, society, order, or voluntary association may qualify as a fraternal benefit society as defined by Section 885.051 for the purpose of providing for the payment of benefits as provided by Section 885.301 only if it:(1)  has at least 500 members and at least 10 lodges;  and(2)  has been in continuous operation for at least the five years preceding the filing of its articles of incorporation or association as provided by Section 885.153.|Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.|
TX Ins Code § 885.153 (2021)
2021 Texas Statutes|Insurance Code|Title 6 - Organization of Insurers and Related Entities|Subtitle E - Mutual and Fraternal Companies and Related Entities|Chapter 885 - Fraternal Benefit Societies|Subchapter D. Authority to Engage in Business|Section 885.153. Filing of Articles of Incorporation or Association

Sec. 885.153.  FILING OF ARTICLES OF INCORPORATION OR ASSOCIATION.  A corporation, society, order, or voluntary association eligible under Section 885.152 may qualify as a fraternal benefit society by filing with the department:(1)  certified articles of incorporation or association that set out:(A)  the name of the society;(B)  the purpose for which the society is formed;  and(C)  the manner in which the society's corporate powers are to be exercised;(2)  certified copies of the fraternal benefit society's laws and rules;(3)  copies of all proposed forms of benefit certificates, applications for benefit certificates, and circulars to be issued by the society;(4)  a surety bond as required by Section 885.156;  and(5)  additional information that the commissioner considers necessary.|Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.|
TX Ins Code § 885.154 (2021)
2021 Texas Statutes|Insurance Code|Title 6 - Organization of Insurers and Related Entities|Subtitle E - Mutual and Fraternal Companies and Related Entities|Chapter 885 - Fraternal Benefit Societies|Subchapter D. Authority to Engage in Business|Section 885.154. Name of Fraternal Benefit Society

Sec. 885.154.  NAME OF FRATERNAL BENEFIT SOCIETY.  The name of a fraternal benefit society may not so closely resemble the name of any society or insurance company engaging in business in this state as to mislead the public or lead to confusion.|Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.|
TX Ins Code § 885.155 (2021)
2021 Texas Statutes|Insurance Code|Title 6 - Organization of Insurers and Related Entities|Subtitle E - Mutual and Fraternal Companies and Related Entities|Chapter 885 - Fraternal Benefit Societies|Subchapter D. Authority to Engage in Business|Section 885.155. Purposes of Fraternal Benefit Society

Sec. 885.155.  PURPOSES OF FRATERNAL BENEFIT SOCIETY.  (a)  The purposes for which a fraternal benefit society is organized may not include more liberal powers than are granted by this chapter.  Any lawful, social, intellectual, educational, charitable, benevolent, moral, fraternal, patriotic, or religious advantages may be set out among the society's purposes.(b)  A fraternal benefit society's purposes may be implemented directly by the society or indirectly through subsidiary corporations or affiliated organizations.|Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.|
TX Ins Code § 885.156 (2021)
2021 Texas Statutes|Insurance Code|Title 6 - Organization of Insurers and Related Entities|Subtitle E - Mutual and Fraternal Companies and Related Entities|Chapter 885 - Fraternal Benefit Societies|Subchapter D. Authority to Engage in Business|Section 885.156. Surety Bond

Sec. 885.156.  SURETY BOND.  (a)  A fraternal benefit society must file with the department a bond in an amount not less than $300,000 and not more than $1.5 million, as required by the commissioner, with sureties approved by the commissioner.(b)  The bond must be conditioned on the return of advance payments to applicants for benefit certificates as provided by this subchapter if the fraternal benefit society fails to qualify under this subchapter within one year.|Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.|
TX Ins Code § 885.157 (2021)
2021 Texas Statutes|Insurance Code|Title 6 - Organization of Insurers and Related Entities|Subtitle E - Mutual and Fraternal Companies and Related Entities|Chapter 885 - Fraternal Benefit Societies|Subchapter D. Authority to Engage in Business|Section 885.157. Issuance of Preliminary Certificate of Authority

Sec. 885.157.  ISSUANCE OF PRELIMINARY CERTIFICATE OF AUTHORITY.  If the purposes of a fraternal benefit society conform to the requirements of this chapter and all provisions of law have been complied with, the commissioner shall:(1)  certify that the society is in compliance with all provisions of law;(2)  retain and record the articles of incorporation or association;  and(3)  issue to the society a preliminary certificate of authority.|Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.|
TX Ins Code § 885.159 (2021)
2021 Texas Statutes|Insurance Code|Title 6 - Organization of Insurers and Related Entities|Subtitle E - Mutual and Fraternal Companies and Related Entities|Chapter 885 - Fraternal Benefit Societies|Subchapter D. Authority to Engage in Business|Section 885.159. Termination of Authority Under Preliminary Certificate of Authority

Sec. 885.159.  TERMINATION OF AUTHORITY UNDER PRELIMINARY CERTIFICATE OF AUTHORITY.  (a)  Unless a fraternal benefit society has qualified under this subchapter, a preliminary certificate of authority granted under Section 885. 157 is void on the first anniversary of the date the certificate is issued.(b)  The department, on cause shown, may extend the period prescribed by Subsection (a).  An extension may not exceed one year.|Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.|
TX Ins Code § 885.160 (2021)
2021 Texas Statutes|Insurance Code|Title 6 - Organization of Insurers and Related Entities|Subtitle E - Mutual and Fraternal Companies and Related Entities|Chapter 885 - Fraternal Benefit Societies|Subchapter D. Authority to Engage in Business|Section 885.160. Issuance of Certificate of Authority

Sec. 885.160.  ISSUANCE OF CERTIFICATE OF AUTHORITY.  (a)  The department may make an examination and require information in addition to that required by Section 885.158(b) that the department considers advisable.  On presentation of satisfactory evidence that a fraternal benefit society has complied with all provisions of law, the department shall issue to the society a certificate of authority.(b)  The certificate of authority issued is prima facie evidence of the qualification of the fraternal benefit society as of the date of the certificate.(c)  The department shall make a record of a certificate of authority issued under Subsection (a).  A certified copy or duplicate of the department's record shall be accepted in evidence with the same effect as the original certificate.|Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.|
TX Ins Code § 885.201 (2021)
2021 Texas Statutes|Insurance Code|Title 6 - Organization of Insurers and Related Entities|Subtitle E - Mutual and Fraternal Companies and Related Entities|Chapter 885 - Fraternal Benefit Societies|Subchapter E. Foreign Fraternal Benefit Societies|Section 885.201. Certificate of Authority Required

Sec. 885.201.  CERTIFICATE OF AUTHORITY REQUIRED.  A foreign fraternal benefit society organized and engaging in business before July 1, 1913, that was not authorized to engage in business in this state as of that date may not engage in business in this state without a certificate of authority from the commissioner.|Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.|
TX Ins Code § 885.202 (2021)
2021 Texas Statutes|Insurance Code|Title 6 - Organization of Insurers and Related Entities|Subtitle E - Mutual and Fraternal Companies and Related Entities|Chapter 885 - Fraternal Benefit Societies|Subchapter E. Foreign Fraternal Benefit Societies|Section 885.202. Admission of Foreign Fraternal Benefit Society

Sec. 885.202.  ADMISSION OF FOREIGN FRATERNAL BENEFIT SOCIETY.  (a)  To engage in business in this state, a foreign fraternal benefit society described by Section 885.201 must:(1)  have the qualifications required of a domestic fraternal benefit society under this chapter;  and(2)  have its assets invested as required by the laws of the state, territory, district, province, or country in which the society is organized.(b)  A foreign fraternal benefit society described by Section 885.201 is entitled to a certificate of authority to engage in business in this state on filing with the department:(1)  a certified copy of the society's charter or articles of association;(2)  a copy of the fraternal benefit society's laws, certified by its secretary or corresponding officer;(3)  a statement of the society's business;(4)  a certificate from the proper official in the society's home state, province, or country showing that the society is legally organized;(5)  a copy of the society's benefit contract;(6)  information showing that the society's assets are invested as required by Subsection (a)(2);  and(7)  additional information the commissioner considers necessary to demonstrate the society's business and method of operation.(c)  A statement of business filed by a foreign fraternal benefit society under Subsection (b)(3) must:(1)  be under oath of the society's president and secretary or corresponding officers;(2)  be in the form required by the commissioner;  and(3)  be verified by an examination made by the supervising insurance official of the society's home state or another state satisfactory to the commissioner.(d)  A benefit contract filed by a foreign fraternal benefit society under Subsection (b)(5) must show that benefits are provided for by premiums paid by persons holding similar contracts.(e)  The commissioner shall issue a certificate of authority to a foreign fraternal benefit society that complies with Subsection (b).|Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.|
TX Ins Code § 885.203 (2021)
2021 Texas Statutes|Insurance Code|Title 6 - Organization of Insurers and Related Entities|Subtitle E - Mutual and Fraternal Companies and Related Entities|Chapter 885 - Fraternal Benefit Societies|Subchapter E. Foreign Fraternal Benefit Societies|Section 885.203. Refusal to Issue Certificate of Authority to Foreign Fraternal Benefit Society

Sec. 885.203.  REFUSAL TO ISSUE CERTIFICATE OF AUTHORITY TO FOREIGN FRATERNAL BENEFIT SOCIETY.  (a)  If the commissioner refuses to issue a certificate of authority to a foreign fraternal benefit society under Section 885.202, the commissioner shall:(1)  make the refusal in writing;(2)  file the refusal in the department's office;  and(3)  on request, provide a copy of the refusal and a statement of the commissioner's reasons for the refusal to the society's officers.(b)  The commissioner's refusal to issue a certificate of authority to a foreign fraternal benefit society for authority to engage in business in this state is reviewable by proper proceedings in a state court.|Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.|