Title 31A, Title 31A: Insurance Code

31A-9-105. General corporate powers and procedures. (1) Sectionapplies to the general powers of fraternals. 16-10a-302 (2) Sectionapplies to ultra vires issues in fraternals. 16-6a-304 (3) Subsectionapplies to the omission of a seal in a fraternal. 31A-5-104(3) (4) Sectionsandapp…

31A-9-106. Miscellaneous provisions. Sectionsandapply to fraternals.

31A-9-201. Reservation of corporate name. Sectionapplies to the reservation of a corporate name for a fraternal.

31A-9-202. Members and applicants in fraternals. (1) A fraternal may admit any natural person to membership under the conditions and for the type of insurance and other benefits its laws prescribe, subject to this chapter and other applicable laws. A member without insurance ceas…

31A-9-203. Incorporators. One or more adult natural persons may organize and act as the incorporators of a fraternal under this chapter.

31A-9-204. Articles of incorporation and bylaws. (1) The articles of incorporation shall set forth: the name of the corporation, which shall include the word "fraternal" or words of equivalent meaning; the location of the principal office of the fraternal, which shall be in this …

31A-9-205. Organization permit and certificate of incorporation. (1) Sectionapplies to fraternals except that the word "mutual" shall be read "fraternal" and "Section" in Subsectionshall be read "Section." 31A-5-204 31A-5-211 31A-5-204(5) 31A-9-209 (2) The application for an orga…

31A-9-206. Powers under organization permit and deposit of proceeds of subscriptions. Subsectionand Sectionapply to fraternals, except that: (1) the word "mutual" shall be read "fraternal"; and (2) there are no qualifying insurance policies as referred to in Subsection. 31A-5-207…

31A-9-207. Termination of organization permit and payment of organization expenses. Section, other than Subsection, applies to fraternals, except that: (1) the word "mutual" shall be read "fraternal"; and (2) the reference to "Section" shall be read "Section." 31A-5-212 31A-9-210…

31A-9-208. Incorporators' liability and organization expenses. Subsectionsandapply to fraternals, except that the word "mutual" shall be read "fraternal."

31A-9-209. Initial surplus requirements. (1) The requirements of Subsectionsthroughapply to fraternals with respect to the amount of permanent surplus required of the fraternal. 31A-5-211(1) (4) For purposes of Subsection: (1)(a) wherever the word "mutual" appears in Subsectionst…

31A-9-210. Certificate of authority. Sectionapplies to certificates of authority for fraternals, except that references to other sections in, shall be read to refer to the corresponding sections in.

31A-9-211. Accelerated organization procedure. Sectionapplies to the accelerated organization procedure for fraternals, except that the word "mutual" shall be read "fraternal."

31A-9-212. Separate accounts and subsidiaries. (1) Except as provided in Subsectionsand, Sectionsandapply to separate accounts and subsidiaries of fraternals. If a fraternal issues contracts on a variable basis, Subsectionsandanddo not apply, except that Subsectionapplies to any …

31A-9-213. Amendment of articles of incorporation. (1) The articles of a fraternal may provide for amendment by the supreme governing body or by the board of directors, and may also provide for amendment by an affirmative vote of a majority of those members who vote in a referend…

31A-9-301. Securities regulation. Sectionapplies to fraternal bonds but does not apply to contribution notes, as they are defined in Section, as incorporated by Section.

31A-9-302. Registration of securities. Sectionapplies to securities of fraternals.

31A-9-303. Authorized securities. Subsectionapplies to authorized securities of fraternals, except that the words "mutual" and "nonassessable mutual" shall be read "fraternal."

31A-9-401. Principal office, registered agent, and corruption in members' meetings. Sectiongoverns the location of the principal office and existence of a registered agent for fraternals. Sectionapplies to members' meetings of domestic fraternals.

31A-9-402. Communications to members. (1) A fraternal 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 a notice of election, may be published. Any required notice shall be printed consp…

31A-9-403. Representative form of government. (1) A fraternal shall have a supreme governing body consisting either of: A board of directors is the supreme governing body of a fraternal. It consists of some directors elected directly by the members or by their representatives in …

31A-9-404. Annual report to fraternal members. (1) Every domestic fraternal shall send to each member having insurance or shall publish in the official publication under Subsection, an abbreviated annual report. 31A-9-402(1) (2) This report shall contain: basic financial and oper…

31A-9-405. Board of directors. (1) Sectionsandapply to fraternals, except that the supreme governing body may act as the board of directors if it meets at least quarterly. Subsectionsthroughapply to fraternals, except that the word "mutual" shall be read "fraternal" and the refer…

31A-9-406. Removal of directors and filling of vacancies. (1) A director may be removed from office for cause by an affirmative vote of a majority of the full board of directors at a meeting of the board called for that purpose or may be removed under Subsection. 16-6a-820(4) (2)…

31A-9-407. Supervision of management changes. Sectionapplies to the supervision of management changes of fraternals.

31A-9-408. Continuity of management in emergencies. Sectionapplies to the continuity of management of fraternals in emergencies.

31A-9-409. Committees of directors. Sectionapplies to committees of directors in fraternals, except that the references to other sections of, shall be to the corresponding sections of.

31A-9-410. Interlocking directorates and other relationships. Sectionapplies to interlocking directorates and other relationships of fraternals.

31A-9-411. Transactions in which directors and others are interested. Sectionapplies to transactions in which directors and others are interested within fraternals.

31A-9-412. Directors' liability and indemnification. Sectionapplies to directors' liability and indemnification in fraternals, except that the word "mutual" shall be read "fraternal".

31A-9-413. Executive compensation. Sectionapplies to executive compensation in fraternals, except that the word "mutual" shall be read "fraternal."

31A-9-414. Exclusive agency contracts. Sectionapplies to exclusive agency contracts in fraternals.

31A-9-501. Merger and consolidation of fraternals. (1) Subject to compliance with, any two or more domestic fraternals may merge or consolidate under the provisions of Subsectionsand. Chapter 16, Insurance Holding Companies (3) (4) (2) Subject to compliance with, any two or more …

31A-9-502. Voluntary dissolution of solvent domestic fraternals. (1) Subject to this section, a domestic fraternal may voluntarily dissolve under Sectionsthrough. 16-6a-1401 16-6a-1405 (2) The proposal for voluntary dissolution shall be filed with the commissioner at least 60 day…

31A-9-503. Conversion of a fraternal to a mutual. A domestic fraternal may be converted into a mutual, as follows: (1) In addition to complying with the requirements of, the board or the supreme governing body shall adopt a plan of conversion stating: Chapter 16, Insurance Holdin…

31A-9-504. Rehabilitation or involuntary conversion. (1) If the commissioner believes that a fraternal does not satisfy the requirements of this chapter, the commissioner shall call a hearing. If the commissioner then finds that the fraternal does not satisfy the requirements: if…

31A-9-601. Tax exemption. Every domestic and nondomestic fraternal is exempt from all state, county, district, municipal, and school taxes or fees, except the fees required under Section, and all the taxes and special assessments on its real estate and office equipment.

31A-9-602. Fraternal expenditures and activities. (1) Every fraternal shall report to the commissioner the information required by the commissioner concerning expenditures made by the fraternal and other activities and programs of the fraternal or its members in fulfillment of th…

31A-9-603. Exemption of fraternal benefits. No money or other benefit, charity, relief, or aid to be paid, provided, or rendered by any domestic or nondomestic fraternal is liable to attachment, garnishment, or other process, or may be seized, taken, appropriated, or applied by a…

31A-9-604. Duties of officers, directors, agents, and employees. Sectionapplies to the duties of officers, directors, agents, and employees of fraternals.