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Official Code of Georgia Annotated

Title 33. INSURANCE · Chapter 15. FRATERNAL BENEFIT SOCIETIES · Article 1. ORGANIZATION AND GOVERNANCE; DEFINITIONS

33-15-3. Representative form of government; supreme governing body; officers.

Active

Current through: Including Acts of the 2025 Regular Session of the General Assembly.

  1. A society has a representative form of government when:

  2. (1)

    It has a supreme governing body constituted in one of the following ways:#

    1. (A)

      The supreme governing body is an assembly composed of delegates elected directly by the members or at intermediate assemblies or conventions of members or their representatives, together with other delegates as may be prescribed in the society’s laws. A society may provide for election of delegates by mail. The elected delegates shall constitute a majority in number and shall not have less than a majority of the votes and not less than the number of votes required to amend the society’s laws. The assembly shall be elected and shall meet at least once every four years and shall elect a board of directors to conduct the business of the society between meetings of the assembly. Vacancies on the board of directors between elections may be filled in the manner prescribed by the society’s laws; or#

    2. (B)

      The supreme governing body is a board composed of persons elected by the members, either directly or by their representatives in intermediate assemblies, and any other persons prescribed in the society’s laws. A society may provide for election of the board by mail. Each term of a board member may not exceed four years. Vacancies on the board between elections may be filled in the manner prescribed by the society’s laws. Those persons elected to the board shall constitute a majority in number and not less than the number of votes required to amend the society’s laws. A person filling the unexpired term of an elected board member shall be considered to be an elected member. The board shall meet at least quarterly to conduct the business of the society;#

  3. (2)

    The officers of the society are elected either by the supreme governing body or by the board of directors;#

  4. (3)

    Only benefit members are eligible for election to the supreme governing body, the board of directors, or any intermediate assembly; and#

  5. (4)

    Each voting member shall have one vote and no vote may be cast by proxy.#

The notes below are printed with the section but are not enacted law (O.C.G.A. § 1-1-1(c)). They are shown apart from the text.

History

Code 1981, § 33-15-3, enacted by Ga. L. 1993, p. 1744, § 1.

Cross references

Duty of foreign or alien societies to file copies of amendments to charter, constitution, or laws with Commissioner, § 33-15-104.

Read the official page (the state's PDF, opened at the page this text was read from).

Current through: Including Acts of the 2025 Regular Session of the General Assembly.

Text read from t33-ch1-22-(v24)-2020-pdf.pdf, Volume V24, 2020 edition, pages 724 to 725; merge action: carried; file SHA-256 4ecec175d949.