Insurance Law 4520 — Legislation

Legislation Search OpenLegislation Statutes Search Term Search icon Search previous SECTION 4519 Impairment of reserves and surplus; order to make good deficiency up ARTICLE 45 Fraternal Benefit Societies next SECTION 4521 Grounds for revocation or suspension of license Viewing most recent revision (from 2014-09-22) View historical revision as of: -- Choose a Date -- 2014-09-22 Share Facebook Email 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.