Insurance Code
Insurance Fraternals
Section 206
Powers under organization permit and deposit of proceeds of subscriptions.
     31A-9-206.   Powers under organization permit and deposit of proceeds of subscriptions.
     Subsection 31A-5-207(2) and Section 31A-5-208 apply to fraternals, except that:
     (1) the word "mutual" shall be read "fraternal"; and
     (2) there are no qualifying insurance policies as referred to in Subsection 31A-5-207(2) (a).

Enacted by Chapter 242, 1985 General Session
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