Effective – 01 Jan 1993 378.622. Assets, use of — variable basis contracts, allowed when. — 1. 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 […]
Effective – 01 Jan 1993 378.623. Application of law — exemption from insurance laws. — Except as herein provided, societies shall be governed by this chapter and shall be exempt from all other provisions of the insurance laws of this state, except chapters 374 and 375, not only in governmental relations with this state, but […]
Effective – 01 Jan 1993 378.624. Taxation of societies, exemptions. — Every society organized or licensed under this chapter is hereby 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 tax other than taxes on real estate and […]
Effective – 01 Jan 1993 378.625. Valuation of certificates, standards — reserves, excess permitted. — 1. Standards of valuation for certificates issued prior to one year after January 1, 1993, shall be those provided by the laws applicable immediately prior to January 1, 1993. 2. The minimum standards of valuation for certificates issued on or […]
Effective – 01 Jan 1993 378.626. Statement of financial condition, contents, filing — penalty. — 1. Every society transacting business in this state shall annually, on or before the first day of March, unless for good cause shown such time has been extended by the director, file with the director a true statement of its […]
Effective – 01 Jan 1993 378.627. Annual renewal required. — Societies which are now authorized to transact business in this state, and all societies hereafter licensed, may continue such business until the first day of April next succeeding January 1, 1993. The authority of such societies, and all societies hereafter licensed, may thereafter be renewed […]
Effective – 01 Jan 1993 378.628. Examination, director may conduct — expenses. — 1. The director, or any person he may appoint, may examine any domestic, foreign or alien society transacting or applying for admission to transact business in this state in the same manner as authorized for examination of domestic, foreign or alien insurers. […]
Effective – 01 Jan 1993 378.629. Foreign society to have license, requirements. — No foreign or alien society shall transact business in this state without a license issued by the director. Any such society desiring admission to this state shall comply substantially with the requirements and limitations of this chapter applicable to domestic societies. Any […]
Effective – 01 Jan 1993 378.630. Powers of director to order changes, when — may enjoin further business, when, duration — liquidation, effect. — 1. When the director upon investigation finds that a domestic society: (1) Has exceeded its powers; (2) Has failed to comply with any provision of this chapter; (3) Is not fulfilling […]
Effective – 01 Jan 1993 378.631. Foreign society, director may enjoin business, when. — 1. When the director upon investigation finds that a foreign or alien society transacting or applying to transact business in this state: (1) Has exceeded its powers; (2) Has failed to comply with any of the provisions of this chapter; (3) […]
Effective – 01 Jan 1993 378.632. Injunction, who may file. — No application or petition for injunction against any domestic, foreign or alien society, or lodge thereof, shall be recognized in any court of this state unless made by the director. ——– (L. 1992 S.B. 831) Effective 1-01-93
Effective – 28 Aug 2015 378.633. Agents, licensing of — persons not deemed agents. — 1. Agents of societies shall be licensed in accordance with the provisions of chapter 375 regulating the licensing, revocation, suspension or termination of license of resident and nonresident agents; provided, that no person who acted in the capacity as an […]
Effective – 01 Jan 1993 378.634. Unfair practices and frauds, subject to law — exception. — Every society authorized to do business in this state shall be subject to the sections of chapter 375 relating to unfair practices and frauds; provided, however, that nothing therein shall be construed as applying to or affecting the right […]
Effective – 01 Jan 1993 378.635. Service of process, director to be agent for. — Every society authorized to do business in this state shall appoint the director to be its true and lawful attorney upon whom all lawful process in any action or proceeding against it shall be served, as provided in section 375.906. […]
Effective – 01 Jan 1993 378.638. Fraudulent acts, penalties. — 1. A person who shall knowingly make any false or fraudulent statement or representation in or relating to any application for membership, or for the purpose of obtaining money from or a benefit in any society, shall be guilty of a class A misdemeanor. 2. […]
Effective – 01 Jan 1993 378.640. Law not applicable to certain societies, when — specific exemptions. — 1. Nothing contained in this chapter shall be so construed as to affect or apply to grand or subordinate lodges of societies, orders or associations now doing business in this state which provide benefits exclusively through local or […]
Effective – 01 Jan 1993 378.642. Severability clause. — If any provision of this chapter or the application of such provision to any circumstance is held invalid, the remainder of the chapter, or the application of the provision to other circumstances, shall not be affected thereby. ——– (L. 1992 S.B. 831 § 378.638) Effective 1-01-93
Effective – 01 Jan 1993 378.645. Review of director’s decisions, how. — All decisions and findings of the director made under the provisions of this chapter shall be subject to review by proper proceedings in any court of competent jurisdiction in this state. ——– (L. 1992 S.B. 831 § 378.639) Effective 1-01-93
