Indiana Statutes

§ 27-11-2-2 — Representative form of government

Indiana·Title 27 INSURANCE·Art. 11 FRATERNAL BENEFIT SOCIETIES·Ch. 2 Structure and Purpose

A society has a representative form of government if it meets all of the following conditions:

(1)It has a supreme governing body constituted in one (1) of the following ways:
(A)The supreme governing body is an assembly composed of delegates elected directly by the members or at intermediate assemblies or conventions of members or their representatives, together with other delegates as may be prescribed in the society's laws. A society may provide for election of delegates by mail. The elected delegates shall constitute a majority in number and shall not have less than a majority of the votes and not less than the number of votes required to amend the society's laws. The assembly shall meet at least once every four
(4)years and shall elect a board of directors to conduct the business o

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Legislative History

As added by P.L.262-1985, SEC.1.

Nearby Sections

15
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