Texas Insurance Code

§ 885.251 — GENERAL POWERS

IN § 885.251Title 6. ORGANIZATION OF INSURERS AND RELATED ENTITIES · Part E. MUTUAL AND FRATERNAL COMPANIES AND RELATED ENTITIES · Ch. 885. FRATERNAL BENEFIT SOCIETIES · Art. F. POWERS AND DUTIES OF FRATERNAL BENEFIT SOCIETY

Statute text

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A fraternal benefit society may:

(1)make a constitution and bylaws for the government of the society, the admission of its members, the management of its affairs, and the setting and readjusting of premiums;

(2)amend its constitution and bylaws; and

(3)exercise other powers necessary and incidental to achieving its purposes.

Legislative history

Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.