(a) A fraternal benefit society shall specify in the fraternal benefit society’s laws or rules:
(1) subject to Subsection (b), the eligibility standards for each membership class;
(2) the process for admission for each membership class; and
(3) subject to Subsection (c), the rights and privileges of each membership class.
(b) If a fraternal benefit society provides benefits on the lives of children, the minimum age for adult membership may not be less than 15 years or more than 21 years.

(c) Only a benefit member may vote on the management of the insurance affairs of a fraternal benefit society.
(d) Membership rights in a fraternal benefit society are personal to the member, and a member may not assign those rights.