§ 27-25-6 - Qualifications for membership. - Rhode Island Statutes

SECTION 27-25-6

   § 27-25-6  Qualifications for membership.– (a) A society shall specify in its laws or rules:

   (1) Eligibility standards for each and every class ofmembership; provided that if benefits are provided on the lives of children,the minimum age for adult membership shall be set at not less than age fifteen(15) and not greater than age twenty-one (21);

   (2) The process for admission to membership for eachmembership class; and

   (3) The rights and privileges of each membership class;provided that only benefit members shall have the right to vote on themanagement of the insurance affairs of the society.

   (b) A society may also admit social members who shall have novoice or vote in the management of the insurance affairs of the society.

   (c) Membership rights in the society are personal to themember and are not assignable.