West Virginia § 33-23-15 Payment of benefits other than insurance benefits

West Virginia Statutes

§ 33-23-15 — Payment of benefits other than insurance benefits

West Virginia § 33-23-15

Ch. 33Â INSURANCE

Art. 23FRATERNAL BENEFIT SOCIETIES

This text of West Virginia § 33-23-15 (Payment of benefits other than insurance benefits) is published on Counsel Stack Legal Research, covering West Virginia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

W. Va. Code § 33-23-15 (2026).

Text

(a)A society may pay benefits, other than insurance benefits to its members from any special account or fund maintained for such purpose; provided that if such benefits are of such a nature that they could constitute benefits within the classes of insurance set forth in section seventeen of this article, a society making such payments may not:

(1)Make any separate charge therefor;

(2)Issue any certificate, policy or other document promising such payments;

(3)Provide in its Constitution, laws or any other document that such payments may be received by the member as a matter of right; or

(4)Advertise such payments as insurance or as payments to which the member has any right.

(b)The society shall maintain a separate accounting of all disbursements made under this section and repor

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(a) A society may pay benefits, other than insurance benefits to its members from any special account or fund maintained for such purpose; provided that if such benefits are of such a nature that they could constitute benefits within the classes of insurance set forth in section seventeen of this article, a society making such payments may not:

(1) Make any separate charge therefor;

(2) Issue any certificate, policy or other document promising such payments;

(3) Provide in its Constitution, laws or any other document that such payments may be received by the member as a matter of right; or

(4) Advertise such payments as insurance or as payments to which the member has any right.

(b) The society shall maintain a separate accounting of all disbursements made under this section and report them in its annual statement.