<?xml version='1.0' encoding='utf-8'?>
<section article="gin" article_name="Insurance" number="8-412" title_number="8" title_name="Entities That Act as Insurers" subtitle_number="4" subtitle_name="Fraternal Benefit Societies">
  <level label="a">
    <text>The incorporators shall file with the Commissioner:</text>
    <level label="1">
      <text>the articles of incorporation of the society;</text>
    </level>
    <level label="2">
      <text>certified copies of the society’s laws and rules;</text>
    </level>
    <level label="3">
      <text>copies of all proposed:</text>
      <level label="i">
        <text>forms of certificates;</text>
      </level>
      <level label="ii">
        <text>applications for certificates; and</text>
      </level>
      <level label="iii">
        <text>circulars to be issued by the society; and</text>
      </level>
    </level>
    <level label="4">
      <text>a bond conditioned on the return to applicants of advance premiums if the organization of the society is not completed within 1 year.</text>
    </level>
  </level>
  <level label="b">
    <text>The Commissioner may require any additional information that the Commissioner considers necessary.</text>
  </level>
  <level label="c">
    <text>The bond required under subsection (a) of this section must:</text>
    <level label="1">
      <text>be issued by a surety insurer approved by the Commissioner; and</text>
    </level>
    <level label="2">
      <text>be in the amount required by the Commissioner, but not less than $300,000 nor more than $1,500,000.</text>
    </level>
  </level>
  <level label="d">
    <text>Each document filed shall be in the English language.</text>
  </level>
</section>
