31A-9-104. Applicability of other insurance laws to fraternals.
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31A-9-104. Applicability of other insurance laws to fraternals.
(1)No section of Chapter 5, Domestic Stock and Mutual Insurance Corporations , applies to fraternals unless it is specifically made applicable by this chapter.
(2)Each section of the Insurance Code, other than in Chapter 5, Domestic Stock and Mutual Insurance Corporations , that applies to mutuals subject to Chapter 5, Domestic Stock and Mutual Insurance Corporations , also applies to domestic and nondomestic fraternals unless:
(a)this chapter or the particular section provides otherwise; or
(b)the particular section is inconsistent with a provision applying explicitly to fraternals, in this chapter or elsewhere.
Enacted by Chapter 242 , 1985 General Session