Arkansas Statutes
§ 23-74-201 — Qualifications for membership
Arkansas·Title 23
(a)A fraternal benefit society shall specify in its laws or rules:
(1)Eligibility standards for each and every class of membership, provided that if benefits are provided on the lives of children, the minimum age for adult membership shall be set at not less than fifteen (15) years of age and not greater than twenty-one (21) years of age;
(2)The process for admission to membership for each membership class; and (3) The rights and privileges of each membership class, provided that only benefit members shall have the right to vote on the management of the insurance affairs of the society.
(b)A society may also admit social members who shall have no voice or vote in the management of the insurance affairs of the society.
(c)Membership rights in the society are personal to the member and
Free access — add to your briefcase to read the full text and ask questions with AI
Arkansas § 23-74-201 (Qualifications for membership) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Acts 1989, No. 881, § 1.
Nearby Sections
15
§ 23-1-101
Definitions§ 23-1-103
Compliance with Acts 1935, No. 324, and rules of commission required - Penalties for noncompliance§ 23-1-106
Penalties cumulative - Recovery of penalty not bar to further penalty or criminal prosecution§ 23-1-108
Jurisdiction and venue of actions§ 23-1-110
Actions tried without jury - Exceptions§ 23-1-111
Copies of official papers as evidence§ 23-1-115
Citizens band radio equipment