ART. 23] FRATERNAL BENEFICIARY ASSOCIATIONS. 245
1932, ch. 824, sec. 22A.
244F. (Constitution and Laws—Amendments.) Every association
transacting business under this sub-title shall file with the Insurance
Commissioner a duly certified copy of all amendments of or additions
to its constitution and laws within ninety days after the enactment of
the same. Printed copies of the constitution and laws, as amended,
changed or added to, certified by the secretary or corresponding officer
of the association, shall be prima facie, evidence of the legal adoption
thereof.
1912, ch. 824, sec. 25A.
244G. (Examination of Domestic Associations.) The Insurance
Commissioner, or any person he may appoint, shall have the power of
visitation and examination into the affairs of any domestic association.
He may employ assistance for the purpose of. such examination, and
he, or any person he may appoint, shall have free access to all the
books, papers and documents that relate to the business of the associa-
tion, and may summon and qualify as witness under oath and examine
its officers, agents and employees or other persons in relation to the
affairs, transactions and condition of the association.
The expense of such examination shall be paid by the association
examined upon statement furnished by the Insurance Commissioner, and
the examination shall be made at least once in three years. Whenever
after examination the Insurance Commissioner is satisfied that any
domestic association has failed to comply with any provisions of this
sub-title, or is exceeding its powers, or is not carrying out its contracts
in good faith, or is transacting business fraudulently, or whenever any
domestic association, after the existence of one year or more, shall have
a membership of less than 400 (or shall determine to discontinue busi-
ness), the Insurance Commissioner may present the facts relating there-
to to the Attorney-General, who shall, if he deem the circumstances
warrant, commence an action in quo warranto in a court of competent
jurisdiction, and such court shall thereupon notify the officers of such
association of a hearing; and if it shall then appear that such associa-
tion should be closed, said association shall be enjoined from carrying
on any further business; and some person shall be appointed receiver
of such association and shall proceed at once to take possession of the
books, papers, moneys and other assets of the association, and shall
forthwith, under the direction of the court, proceed to close the affairs
of the association and to distribute its funds to those entitled thereto.
No such proceedings shall be commenced by the Attorney-General
against any such association until after notice has been, duly served on
the chief executive officers of the association and a reasonable oppor-
tunity given to it on a date to be named in said notice, to show cause
why such proceedings should not be commenced.
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