Mass. Gen. Laws ch. 176P – Limited Societies | Midpage

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Massachusetts General Laws

Chapter 176P

Mass. Gen. Laws ch. 176P

Limited Societies

1Definitions 2Lodge system 3Representative government; elections; meetings; record 4Limitation of membership 5Exemption from certain laws 6Formation of corporation; purposes; association agreement 7First meeting; notice; adoption of by-laws; filing of certificate 8Lodge plan; preliminary license; solicitation of members; collection of payments; minimum membership; issuance of certificate 9Certificate of organization; certificate endorsed by commissioner; filing; certification by state secretary; evidence of corporate existence 10Certificate of commissioner; time limitation; certificate of incorporation; cessation of business operations 11Limited societies; change of location of business; change of purpose of corporation 12Mergers; transfers; notice; contracts, financial statements and certificates; commissioner's approval 13Death funds; emergency funds; disability funds 13ABy-laws; creation of independent hospitalization and medical services fund 14By-laws; payments by members; provisions; purpose of payments; proportion of payments which may be used for expenses 15Deferred payments; installments of claims; fixed liabilities on happening of contingency 16Loans to members; accumulating and maintaining tabular reserve required by table of mortality 17Societies maintaining surplus of assets at required level may waive collection of regular mortuary contributions from members 18Investment of funds 19Payment of benefits for disability on account of old age; periodical member contribution for mortuary purposes; restrictions 19ADeath benefits payable as annuities 20Death benefit certificates 21Death or annuity benefits; beneficiaries designated by members 22Funeral expenses of insureds 22APersonal representative or family of deceased; freedom of choice in procuring burial supplies and services 23Payment of death, endowment or annuity benefits upon lives of children less than 18 years of age 24Death benefit certificates as to children 25Funds representing benefit contributions for lives of children less than 18 years of age 26Separation of assets, funds and liabilities 27Mingling of certain funds 28Actions by beneficiaries 29Attachment or taking of benefits to pay debt of member or beneficiary 30Exemption from attachment or execution 31Admission of persons to beneficial membership 32Constitution and by-laws of society; amendments 32AFraudulent alteration or concealment of records 33Location of meetings; location of principal office 34Waiver of constitutional provisions 35Filing certified copies of amendments to constitution or by-laws with commissioner 36Examinations of domestic societies by commissioner; confidentiality and privilege; proceedings brought by attorney general against domestic societies 37Copy of commissioner's examination reports served on societies 37ADisbursements made by societies; requirements 38Annual statement of society's condition and standing 38AApplicability of chapter 176V to a limited society governed by this chapter 38BApplicability of chapter 176W to a limited society governed by this chapter 39Annual valuation report in addition to annual statement; societies on lodge system 39AValuation of bonds or other evidence of debt 40Deficiencies; additional contributions or increased rates of contribution; higher rate class of members 41Licenses for foreign societies to transact business in commonwealth 42Foreign societies; service of process 42AForeign societies; deposit 43Foreign societies; refusal to issue license; revocation of license 44Foreign societies; examination by commissioner 45Domestic societies governed by direct vote of members; membership limited to permanent employees of cities or towns, commonwealth or federal government; no death benefits; annuities or gratuities contingent on disabilities or long service; governing provisions 46Domestic societies; limited membership; members and ex-members of any social organization; governing provisions 46ASubordinate lodge of society; ritualistic form of work; disability benefits 46BIncorporated domestic society transacting business under Sec. 45 or 46; real estate 46CSociety subject to Sec. 45 or 46; payment of benefits 46DGrand or district lodge of secret order or fraternity transacting business under Sec. 45 or 46; benefits 47Jurisdiction of superior court in equity 47AContract of insurance or benefit certificate issued in violation of any provision of this chapter 48False or fraudulent statement or representation by society with reference to application for membership; penalties 49Unauthorized solicitation; penalties 49APensions for society employees; expense fund 50Violation of chapter provisions; penalty