Chap. 341.—An ACT to amend and re-enact section 4302 of chapter 171 of the
Code of Virginia, providing for the regulation and control of beneficiary as-
sociations, orders or societies. , [H B 359]

Approved March 26, 1932

1. Be it enacted by the general assembly of Virginia. That section
forty-three hundred and two of the Code of Virginia, be amended and
re-enacted so as to read as follows:

Section 4302. Exemption of certain societies——Nothing contained
in this act shall be construed to affect or apply to grand or subordinate
lodges of Masons, Odd Fellows, or Knights of Pythias, exclusive of
the insurance department of the Supreme Lodge Knights of Pythias,
and the Junior Order of United American Mechanics, exclusive of the
beneficiary degree or insurance branch of the National Council Junior
Order United American Mechanics, or societies which admit to mem-
bership only persons engaged in one or more hazardous occupation in
the same or similar lines of. business, nor to similar‘societies which do
not issue insurance certificates, nor to an association of local lodges of
a society now doing business in this State which provides death bene-
fits not exceeding five hundred dollars to any one person, or disability
benefits not exceeding three hundred dollars in any one year to any one
person, or both, nor to any contracts of reinsurance business on such
plan in this State, nor to domestic societies which limit their member-
ship to the employees of a particular city or town, designated firm,
business house or corporation, nor to domestic lodges, orders or asso-
ciations of a purely religious, charitable and benevolent description,
which do not provide for a death benefit of more than one hundred and
fifty dollars to any one person in any one year. The superintendent of
insurance may require from any society such information as will en-
able him to determine whether such society is exempt from the pro-
visions of this act.

Any fraternal benefit society heretofore organized and incorporated
and operating within the definition set forth in sections forty-two hun-
dred and seventy-three, forty-two hundred and seventy-four and forty-
two hundred and seventy-five of this chapter, providing for benefits in
case of death or disability resulting solely from accidents, but which
does not obligate itself to pay death or sick benefits, may be licensed
under the provisions of this chapter, and shall have all the privileges
and shall be subject to all the provisions and regulations of this chap-
ter, except that the provisions of this chapter as to valuations of benefit
certificates shall not apply to such society.

2. All acts or parts of acts inconsistent with this act are hereby
repealed. ,