South Carolina Code 38-38-110. Membership provisions in bylaws or rules
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(A) A society shall specify in its bylaws or rules:
(1) eligibility standards for each and every class of membership, provided that if benefits are provided on the lives of children, the minimum age for adult membership must be set at not less than age fifteen and not greater than age twenty-one;
Terms Used In South Carolina Code 38-38-110
- Bylaws: means the society's articles of incorporation, constitution, and bylaws, however designated. See South Carolina Code 38-38-40
- insurance: includes annuities. See South Carolina Code 38-1-20
- Rules: means all rules, regulations, or resolutions adopted by the supreme governing body or board of directors which are intended to have general application to the members of the society. See South Carolina Code 38-38-40
- Society: means fraternal benefit society, unless otherwise indicated. See South Carolina Code 38-38-40
(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 have the right to vote on the management of the insurance affairs of the society.
(B) A society also may 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.