A corporation, society, order, or voluntary association eligible under Section 885.152 may qualify as a fraternal benefit society by filing with the department:
(1) certified articles of incorporation or association that set out:
- (A) the name of the society;
- (B) the purpose for which the society is formed; and
- (C) the manner in which the society's corporate powers are to be exercised;
- (2) certified copies of the fraternal benefit society's laws and rules;
- (3) copies of all proposed forms of benefit certificates, applications for benefit certificates, and circulars to be issued by the society;
- (4) a surety bond as required by Section 885.156; and
- (5) additional information that the commissioner considers necessary.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.