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New York · Through 2026-09-11

N.Y. Insurance Law § 4506: Classes of membership

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Where this section sits in the code
  1. Insurance Law
  2. Article 45. Fraternal Benefit Societies

§ 4506. Classes of membership. An authorized society may admit to

membership two classes of members: insurance members and social members

by whatever name known. Social members shall not be entitled to any of

the benefits prescribed by section four thousand five hundred five of

this article, and shall have no voice or vote in the management of the

insurance affairs of the society, except that they shall be eligible to

be elected as officers and as representatives of insurance members

unless such eligibility is prohibited by the society's by-laws.

Insurance members may be either adult members or juvenile members.

Collected 2026-09-14T19:32:45Z. Source file · JSON

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