31A-9-401. Principal office, registered agent, and corruption in members’ meetings. Section 31A-5-401 governs the location of the principal office and existence of a registered agent for fraternals. Section 31A-5-403 applies to members’ meetings of domestic fraternals. Amended by Chapter 204, 1986 General Session
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 conspicuously in the publication. (2) The commissioner may by rule […]
31A-9-403. Representative form of government. (1) A fraternal shall have a supreme governing body consisting either of: (a) 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 intermediate assemblies under Subsection (2), and other directors prescribed 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 31A-9-402(1), an abbreviated annual report. (2) This report shall contain: (a) basic financial and operating data; (b) information about important business and corporate developments; (c) other information the fraternal […]
31A-9-405. Board of directors. (1) Sections 16-6a-801 and 16-6a-802 apply to fraternals, except that the supreme governing body may act as the board of directors if it meets at least quarterly. Subsections 31A-5-407(2) through (9) apply to fraternals, except that the word “mutual” shall be read “fraternal” and the references to other sections of Chapter […]
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) Any vacancy occurring in the board, […]
31A-9-407. Supervision of management changes. Section 31A-5-410 applies to the supervision of management changes of fraternals. Enacted by Chapter 242, 1985 General Session
31A-9-408. Continuity of management in emergencies. Section 31A-5-411 applies to the continuity of management of fraternals in emergencies. Enacted by Chapter 242, 1985 General Session
31A-9-409. Committees of directors. Section 31A-5-412 applies to committees of directors in fraternals, except that the references to other sections of Chapter 5, Domestic Stock and Mutual Insurance Corporations, shall be to the corresponding sections of Chapter 9, Insurance Fraternals. Enacted by Chapter 242, 1985 General Session
31A-9-410. Interlocking directorates and other relationships. Section 31A-5-413 applies to interlocking directorates and other relationships of fraternals. Enacted by Chapter 242, 1985 General Session
31A-9-411. Transactions in which directors and others are interested. Section 31A-5-414 applies to transactions in which directors and others are interested within fraternals. Enacted by Chapter 242, 1985 General Session
31A-9-412. Directors’ liability and indemnification. Section 31A-5-415 applies to directors’ liability and indemnification in fraternals, except that the word “mutual” shall be read “fraternal”. Enacted by Chapter 242, 1985 General Session
31A-9-413. Executive compensation. Section 31A-5-416 applies to executive compensation in fraternals, except that the word “mutual” shall be read “fraternal.” Enacted by Chapter 242, 1985 General Session
31A-9-414. Exclusive agency contracts. Section 31A-5-417 applies to exclusive agency contracts in fraternals. Enacted by Chapter 242, 1985 General Session
