§ 38.2-4105. Qualifications for membership
A. A society shall specify in its laws or rules:
1. Eligibility standards for every class of membership, provided that if benefits are provided on the lives of children, the minimum age for adult membership shall be set at not less than age fifteen and not greater than age twenty-one;
2. The process for admission to membership for each membership class; and
3. The rights and privileges of each membership class, provided that only benefit members shall have the right to vote on the management of the insurance affairs of the society.
B. A society may also admit social members who shall have no voice or vote in the management of the insurance affairs of the society.
C. Membership rights in the society are personal to the member and are not assignable.
(Code 1950, §§ 38-286, 38-293, 38.1-602, 38.1-609; 1952, c. 317, § 38.1-638.29; 1964, c. 355; 1968, c. 654; 1972, cc. 530, 825; 1986, c. 562.)
Sections: Previous 38.2-4100 38.2-4101 38.2-4102 38.2-4103 38.2-4104 38.2-4105 38.2-4106 38.2-4107 38.2-4108 38.2-4109 38.2-4110 38.2-4111 38.2-4112 38.2-4113 38.2-4114 NextLast modified: April 3, 2009