Arizona Revised Statutes (Last Updated: March 31, 2016) |
Title 20. Insurance |
Chapter 4. PARTICULAR TYPES OF INSURERS |
Article 4. Fraternal Benefit Societies |
Sec 20-870. Amendment to society laws
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A. The supreme governing body of a domestic society may amend its laws in accordance with its laws at any regular or special meeting, or if the laws provide, by referendum. A referendum may be held in accordance with the society's laws by the vote of the voting members of the society, the vote of the delegates or representatives of voting members or the vote of local lodges. An amendment that is referred shall not be adopted unless within six months from the date of the submission of the referendum a majority of the members voting consent to the amendment.
B. A society may provide for voting by mail.
C. A society shall file a certified copy of any amendment to its laws within ninety days after the amendment is enacted.