Alabama Statutes

§ 27-34-3 — When Society Deemed as Having Representative Form of Government

Alabama·Title 27 Insurance·Ch. 34 Fraternal Benefit Societies

A society shall be deemed to have a representative form of government when:

(1)It provides in its constitution or laws for a supreme legislative or governing body, composed of representatives elected either by the members or by delegates elected, directly or indirectly, by the members, together with such other members of such body as may be prescribed by the society’s constitution and laws;
(2)The representatives elected constitute a majority in number and have not less than two thirds of the votes nor less than the votes required to amend its constitution and laws;
(3)The meetings of the supreme legislative or governing body and the election of officers, representatives, or delegates are held as often as once in four calendar years;
(4)Each insured member shall be eligible for electio

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Legislative History

(Acts 1911, No. 476, p. 700; Acts 1931, No. 55, p. 71; Acts 1971, No. 407, p. 707, §674.)

Nearby Sections

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