1. (1) No section of Chapter 5, Domestic Stock and Mutual Insurance Corporations, applies to fraternals unless it is specifically made applicable by this chapter.

2. (2) Each section of the Insurance Code, other than in Chapter 5, Domestic Stock and Mutual Insurance Corporations, that applies to mutuals subject to Chapter 5, Domestic Stock and Mutual Insurance Corporations, also applies to domestic and nondomestic fraternals unless:

   1. (a) this chapter or the particular section provides otherwise; or
   2. (b) the particular section is inconsistent with a provision applying explicitly to fraternals, in this chapter or elsewhere.

Enacted by Chapter 242, 1985 General Session