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  4. Art. 45

Article 45
Fraternal Benefit Societies

Sections

4501
Definitions
4502
Incorporation and licensing of domestic societies
4503
Licensing of foreign and alien societies
4504
Amendments to charter, constitution and by-laws
4505
Insurance benefits authorized
4506
Classes of membership
4507
Juvenile members
4508
Beneficiaries
4509
Certificates
4510
Life insurance certificates
4511
Life insurance certificates and annuity contracts
4512
Accident and health and disability insurance certificates
4513
Annuity certificates
4514
Creation and maintenance of separate funds
4515
Conditions for avoiding separate funds
4516
Annual statement
4517
Standard of valuation reserves
4518
Amounts credited on life insurance certificates
4519
Impairment of reserves and surplus
4520
Non-liability of officers and members
4521
Grounds for revocation or suspension of license
4522
Exemptions of certain organizations
4523
Soliciting membership in unauthorized societies
4524
Exemption from taxation
4525
Application of other provisions of this chapter
4526
Investments of fraternal benefit societies
4527
Optional authority and regulation
4528
New business limitations
4529
Subsidiaries authorized
4530
Optional Investment Authority
 



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Location: https://newyork.public.law/laws/n.y._insurance_law_article_45

Blank Outline Levels

The legislature occasionally skips outline levels. For example:

(3) A person may apply [...]
(4)(a) A person petitioning for relief [...]

In this example, (3), (4), and (4)(a) are all outline levels, but (4) was omitted by its authors. It's only implied. This presents an interesting challenge when laying out the text. We've decided to display a blank section with this note, in order to aide readability.

Trust but verify.

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