Alaska Statutes Title 21, Chapter 21.72 - Benevolent Associations

• Sec. 21.72.010 Applicability.
  (a) This chapter applies only to benevolent associations.(b) The provisions of this title do not apply to an association unless contained or referred to...
• Sec. 21.72.020 New Benevolent Associations Prohibited.
  (a) A benevolent association may not transact or be authorized to transact business in this state unless it lawfully had authority to transact business...
• Sec. 21.72.030 Amendments Filed With Director.
  Each benevolent association shall promptly file with the director a copy, certified to by its president and secretary, of each of the following:(1) if...
• Sec. 21.72.040 Officers.
  (a) Each benevolent association shall be in charge of its officers, and may not have more than five officers.(b) The treasurer and any other...
• Sec. 21.72.050 Agents License.
  Agents for a benevolent association may be appointed in accordance with AS 21.27, and shall be subject to the applicable provisions of that chapter,...
• Sec. 21.72.060 Officers As Agents.
  No more than five officers of a benevolent association may act for the association without obtaining a license as an agent. The officers shall...
• Sec. 21.72.070 Receipts for Payment to Association.
  Every benevolent association shall issue a receipt or other evidence of payment to each person making a payment of any kind to the association.
• Sec. 21.72.080 Minimum Membership.
  Each benevolent association shall have at all times not less than 200 members in good standing.
• Sec. 21.72.090 Expenses.
  (a) The total expenses of a benevolent association during a calendar year may not exceed the larger of:(1) 10 percent of the total amount...
• Sec. 21.72.100 Payments of Death Claims.
  (a) Each completed proof of claim for death of a member of a benevolent association shall be assigned a number by the association in...
• Sec. 21.72.110 Assessment for Death Benefit.
  (a) Within 30 days after a benevolent association receives a completed proof of claim for death of a member, it must mail to each...
• Sec. 21.72.120 Annual Statement.
  (a) In addition to compliance with AS 21.09.200 , the annual statement of a benevolent association must exhibit the following items and facts:(1) the...
• Sec. 21.72.125 Quarterly Statements.
  The director may require a benevolent association to file quarterly financial statements as provided in AS 21.09.205 . The statements must exhibit the items...
• Sec. 21.72.130 Benevolent Association Defined.
  (a) A corporation, association, or society, or by whatever name called, that issues a certificate, policy, membership agreement, or makes a promise or agreement...
• Sec. 21.72.140 Member Defined.
  A "member" or "member in good standing" is an individual who must contribute to a benevolent association upon notice of assessment.
• Sec. 21.72.150 Membership Contract.
  (a) A "membership contract" is a certificate, policy, membership agreement, by whatever name called, or a promise or agreement, of a benevolent association with...
• Sec. 21.72.160 Officer Defined.
  "Officer" is any of the individuals having supervision and control of a benevolent association, and engaging in the management and the prosecution of the...
• Sec. 21.72.170 Other Provisions Applicable.
  In addition to the provisions contained in the chapter, other chapters and provisions of this title shall apply to benevolent associations, to the extent...

Last modified: November 15, 2016