North Dakota Statutes

§ 26.1-16-20 — Expense fund - Credits - Levies

North Dakota·Title 26.1 Insurance·Ch. 26.1-16 Benevolent Societies
The membership fee of the society, which may be not less than one dollar nor more than five dollars, may be used for expenses. The certificate of membership must state the percentage of death assessments, not exceeding ten percent, that may be used for expenses, and moneys received on the assessments, within the limitations of this section, must be credited to the expense fund. Expense fund assessments may be levied in accordance with the applicable provisions in the membership certificate in amounts not exceeding three dollars in any one calendar year.

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