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  • SECTION 4519
    Impairment of reserves and surplus; order to make good deficiency
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  • ARTICLE 45
    Fraternal Benefit Societies
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  • SECTION 4521
    Grounds for revocation or suspension of license
    • Viewing most recent revision (from 2014-09-22)

    SECTION 4520

    Non-liability of officers and members

    Insurance (ISC) CHAPTER 28, ARTICLE 45

    § 4520. Non-liability of officers and members. Officers and members of
    the supreme or any subordinate body of any authorized society shall not
    be individually liable for the payment of any benefits provided for in
    the laws and agreements of such society, but the same shall be payable
    only out of the funds of such society and in the manner provided by its
    laws.