ORS 748.112
Conditions constituting “representative form of government.”

A society has a representative form of government when:

(1)

It has a supreme governing body constituted as:

(a)

An assembly composed of delegates elected directly by the members or at intermediate assemblies or conventions of members or their representatives, together with other delegates as may be prescribed in the society’s laws. A society may provide for election of delegates by mail. The elected delegates shall constitute a majority in number and shall not have less than two-thirds of the votes and not less than the number of votes required to amend the society’s laws. The assembly shall be elected and shall meet at least once every four years and shall elect a board of directors to conduct the business of the society between meetings of the assembly. Vacancies on the board of directors between elections may be filled in the manner prescribed by the society’s laws; or

(b)

A board composed of persons elected by the members, either directly or by their representatives in intermediate assemblies, and any other persons prescribed in the society’s laws. A society may provide for election of the board by mail. Each term of a board member may not exceed four years. Vacancies on the board between elections may be filled in the manner prescribed by the society’s laws. Those persons elected to the board shall constitute a majority in number and not less than the number of votes required to amend the society’s laws. A person filling the unexpired term of an elected board member shall be considered to be an elected member. The board shall meet at least quarterly to conduct the business of the society;

(2)

The officers of the society are elected either by the supreme governing body or by the board of directors;

(3)

Only benefit members are eligible for election to the supreme governing body and the board of directors; and

(4)

Each voting member has one vote. No vote may be cast by proxy. [1987 c.490 §5]

Source: Section 748.112 — Conditions constituting “representative form of government.”, https://www.­oregonlegislature.­gov/bills_laws/ors/ors748.­html.

748.103
Definitions 748.106
Description of fraternal benefit society 748.109
Conditions constituting “operating on a lodge system.” 748.112
Conditions constituting “representative form of government.” 748.121
Purposes, operation and powers 748.123
Membership 748.130
Principal office 748.133
Formation 748.136
Officers, governors, directors 748.139
Waiver of provisions by subordinate body 748.142
Amendment of society laws 748.144
Creation and operation of other organizations and entities 748.148
Consolidation and merger 748.171
Certificate of authority 748.174
Certificate of authority for foreign or alien society 748.177
Authorization as mutual life insurance company 748.181
Insurance producers 748.184
Reinsurance 748.201
Benefits 748.204
Beneficiaries 748.207
Benefits exempt from execution 748.211
Benefit contract 748.306
Authority for group benefit certificates 748.309
Group membership 748.312
Membership in lodges organized under ORS 748.309 748.316
Payments for group benefits 748.319
Group certificates issued by foreign or alien society or by domestic society in foreign or alien jurisdiction 748.322
Continuation of membership in society after cancellation, discontinuance or nonrenewal of group certificate 748.401
Value of benefit and amount of options 748.403
Standards of valuation for certificates 748.406
Financial statement 748.409
Assets of society 748.412
Investment of funds 748.414
Funds exempt from certain taxes 748.501
Examination 748.503
Investigation of society 748.506
Investigation of foreign or alien society 748.509
Validity of petition for injunction 748.601
Exemptions from chapter 748.603
Relationship to other insurance laws 748.605
Insurance against risk of loss under less than fully insured employee health benefit plan 748.990
Penalties
Green check means up to date. Up to date

Current through early 2024

§ 748.112’s source at oregon​.gov