§ 27-25-1 Fraternal benefit societies
§ 27-25-2 Lodge system
§ 27-25-3 Representative form of government
§ 27-25-4 Definitions
§ 27-25-5 Purposes and powers
§ 27-25-6 Qualifications for membership
§ 27-25-7 Location of office and meetings – Communications to members – Grievance procedures
§ 27-25-8 No personal liability
§ 27-25-9 Waiver
§ 27-25-10 Organization
§ 27-25-11 Amendments to laws
§ 27-25-12 Institutions
§ 27-25-13 Reinsurance
§ 27-25-14 Consolidations and mergers
§ 27-25-15 Conversion of fraternal benefit society into mutual life insurance company
§ 27-25-16 Benefits
§ 27-25-17 Beneficiaries
§ 27-25-18 Benefits not attachable
§ 27-25-19 The benefit contract
§ 27-25-20 Nonforfeiture benefits, cash surrender values, certificate loans, and other options
§ 27-25-21 Investments
§ 27-25-22 Funds
§ 27-25-23 Exemptions
§ 27-25-24 Taxation
§ 27-25-25 Valuation
§ 27-25-26 Reports
§ 27-25-27 Annual license
§ 27-25-28 Examination of societies – No adverse publication
§ 27-25-29 Foreign or alien society – Admission
§ 27-25-30 Injunction – Liquidation – Receivership of domestic society
§ 27-25-31 Suspension, revocation, or refusal of license of foreign or alien society
§ 27-25-32 Injunction
§ 27-25-33 Licensing of insurance producers
§ 27-25-34 Unfair methods of competition and unfair and deceptive acts and practices
§ 27-25-35 Service of process
§ 27-25-36 Review
§ 27-25-37 Penalties
§ 27-25-38 Exemption of certain societies
§ 27-25-39 Reciprocal fees and charges
§ 27-25-40 Payments of commissions to other than agent or insurance producer forbidden
§ 27-25-41 Payment of benefits other than insurance benefits
§ 27-25-42 Severability
§ 27-25-43 Short title
§ 27-25-44 Fraternal benefit society assessment

Terms Used In Rhode Island General Laws > Chapter 27-25 - Rhode Island Fraternal Code

  • Affidavit: A written statement of facts confirmed by the oath of the party making it, before a notary or officer having authority to administer oaths.
  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.
  • Answer: The formal written statement by a defendant responding to a civil complaint and setting forth the grounds for defense.
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Attachment: A procedure by which a person's property is seized to pay judgments levied by the court.
  • Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
  • Benefit contract: means the agreement for provision of benefits authorized by § 27-25-16, as that agreement is described in § 27-25-19(a);

    (2)  "Benefit member" means an adult member who is designated by the laws or rules of the society to be a benefit member under a benefit contract;

    (3)  "Certificate" means the document issued as written evidence of the benefit contract;

    (4)  "Laws" means the society's articles of incorporation, constitution, and by-laws, however designated;

    (5)  "Lodge" means subordinate member units of the society, known as camps, courts, councils, branches, or by any other designation;

    (6)  "Premiums" means premiums, rates, dues, or other required contributions by whatever name known, which are payable under the certificate;

    (7)  "Rules" means all rules, regulations, or resolutions adopted by the supreme governing body or board of directors which are intended to have general application to the members of the society; and

    (8)  "Society" means fraternal benefit society, unless otherwise indicated. See Rhode Island General Laws 27-25-4

  • Charity: An agency, institution, or organization in existence and operating for the benefit of an indefinite number of persons and conducted for educational, religious, scientific, medical, or other beneficent purposes.
  • Complaint: A written statement by the plaintiff stating the wrongs allegedly committed by the defendant.
  • Contract: A legal written agreement that becomes binding when signed.
  • Conviction: A judgement of guilt against a criminal defendant.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Dependent: A person dependent for support upon another.
  • Equitable: Pertaining to civil suits in "equity" rather than in "law." In English legal history, the courts of "law" could order the payment of damages and could afford no other remedy. See damages. A separate court of "equity" could order someone to do something or to cease to do something. See, e.g., injunction. In American jurisprudence, the federal courts have both legal and equitable power, but the distinction is still an important one. For example, a trial by jury is normally available in "law" cases but not in "equity" cases. Source: U.S. Courts
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Garnishment: Generally, garnishment is a court proceeding in which a creditor asks a court to order a third party who owes money to the debtor or otherwise holds assets belonging to the debtor to turn over to the creditor any of the debtor
  • Grace period: The number of days you'll have to pay your bill for purchases in full without triggering a finance charge. Source: Federal Reserve
  • in writing: include printing, engraving, lithographing, and photo-lithographing, and all other representations of words in letters of the usual form. See Rhode Island General Laws 43-3-16
  • Indemnification: In general, a collateral contract or assurance under which one person agrees to secure another person against either anticipated financial losses or potential adverse legal consequences. Source: FDIC
  • Injunction: An order of the court prohibiting (or compelling) the performance of a specific act to prevent irreparable damage or injury.
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • person: may be construed to extend to and include co-partnerships and bodies corporate and politic. See Rhode Island General Laws 43-3-6
  • Personal property: All property that is not real property.
  • Plaintiff: The person who files the complaint in a civil lawsuit.
  • Plea: In a criminal case, the defendant's statement pleading "guilty" or "not guilty" in answer to the charges, a declaration made in open court.
  • Power of attorney: A written instrument which authorizes one person to act as another's agent or attorney. The power of attorney may be for a definite, specific act, or it may be general in nature. The terms of the written power of attorney may specify when it will expire. If not, the power of attorney usually expires when the person granting it dies. Source: OCC
  • Quorum: The number of legislators that must be present to do business.
  • real estate: may be construed to include lands, tenements, and hereditaments and rights thereto and interests therein. See Rhode Island General Laws 43-3-10
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
  • town: may be construed to include city; the words "town council" include city council; the words "town clerk" include city clerk; the words "ward clerk" include clerk of election district; the words "town treasurer" include city treasurer; and the words "town sergeant" include city sergeant. See Rhode Island General Laws 43-3-9
  • United States: include the several states and the territories of the United States. See Rhode Island General Laws 43-3-8