ARTICLE 1

MUTUAL BENEFIT SOCIETIES

 

Cross References

 

Assessments of health insurers, see 431:2-216.

 

PART I. GENERAL PROVISIONS

 

432:1-101 Scope; exemptions. The provisions of this article shall apply to mutual benefit societies as defined herein. Except as expressly provided in this article, mutual benefit societies shall be exempt from the provisions of the insurance code. No law enacted after July 1, 1988, shall apply to mutual benefit societies unless such societies are expressly designated therein. [L 1987, c 347, pt of 2]

 

Revision Note

 

"July 1, 1988," substituted for "the effective date of this article".

 

Attorney General Opinions

 

Based on provision, the requirement of 431:10A-601 as set forth in 4 of reciprocal beneficiaries act [L 1997, c 383] cannot be interpreted to apply to mutual benefit societies. Att. Gen. Op. 97-5.

 

Case Notes

 

Section 431:15-102 creates an exception to the general rule established by this section that mutual benefit societies are typically exempt from provision of the Insurance Code; thus, article 15 of chapter 431 applies to mutual benefit societies. 99 H. 53, 52 P.3d 823.

 

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