Fla. Stat. ch. 632 – Fraternal Benefit Societies | Midpage

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Florida Statutes

Chapter 632

Fla. Stat. ch. 632

Fraternal Benefit Societies

632.601"Fraternal benefit society" defined 632.602"Lodge system" defined 632.603"Representative form of government" defined 632.604Terms used 632.605Purposes and powers 632.606Qualifications for membership 632.607Location of office; meetings; communications to members; grievance procedures 632.608No personal liability 632.609Waiver 632.611Organization 632.612Amendments to laws 632.613Institutions 632.614Reinsurance 632.615Consolidations and mergers 632.616Conversion of fraternal benefit society into mutual life insurance company 632.617Benefits 632.618Beneficiaries 632.619Benefits not attachable 632.621The benefit contract 632.622Nonforfeiture benefits, cash surrender values, certificate loans, and other options 632.623Investments 632.624Funds 632.625Exemptions 632.626Taxation 632.627Valuation 632.628Reports 632.629Annual license 632.631Examination of societies; no adverse publications 632.632Foreign or alien society; admission 632.633Additional grounds for suspension, revocation, or denial of certificate of authority; receivership; insolvency 632.634Licensing and appointment of agents 632.635Unfair methods of competition and unfair and deceptive acts and practices 632.636Penalties 632.637Exemption of certain societies 632.638Applicability of other code provisions