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HB 577, 48th Regular Session
Relating to providing that when the Chairman of the Board of Insurance Commissioners shall become convinced that there is or has been gross mismanagement of the affairs of domestic fraternal benefit societies, he shall have the privilege and duty of summoning a meeting of the members of the society or the governing body directorate, or officers thereof, or any part of any of such, and of disclosing to them his findings with respect to the affairs of such society, and allowing then an opportunity to replace the persons guilty of such mismanagement; providing severability.

Author: Ben H. Sharpe

Insurance--Insurers & Agents

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