South Carolina Statutes

§ 38-35-10 — Formation of mutual associations.

South Carolina·Title 38 INSURANCE·Ch. 35 MUTUAL BENEVOLENT AID ASSOCIATIONS
Members of religious denominations, local lodges, or fraternal orders under the control and supervision of a representative governing body within this State or of local labor organizations with a national or international charter or any number of persons, not less than twenty, a majority of whom must be bona fide residents of this State may, when investigated and approved by the director or his designee, form mutual associations, incorporated or unincorporated, for the purpose of aiding their members or their beneficiaries in times of sickness and death by levying equitable assessments for the payment of sick relief or death benefits upon compliance with this chapter.

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Legislative History

HISTORY: Former 1976 Code SECTION 38-35-10 [1962 Code SECTION 37-441; 1968 (55) 2584; 1971 (57) 474; 1972 (57) 3116] has no comparable provisions in 1987 Act No. 155; Former 1976 Code SECTION 38-23-10 [1947 (45) 322; 1952 Code SECTION 37-1001; 1962 Code SECTION 37-1001] recodified as SECTION 38-35-10 by 1987 Act No. 155, SECTION 1; 1993 Act No. 181, SECTION 634.

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