Exemption For Certain Fraternal Benefit Societies

Sec. 801.002. EXEMPTION FOR CERTAIN FRATERNAL BENEFIT SOCIETIES. This chapter does not apply to a fraternal benefit society that: (1) sells insurance policies only as an incidental benefit to its members; and (2) on September 6, 1955, was: (A) organized and licensed by the department as a fraternal benefit society; or (B) exempt under former Article 10.12 or 10.38, revised as Section 885.004. Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003. SUBCHAPTER B. CERTIFICATE OF AUTHORITY