CALIFORNIA.

Preliminary Documents.-Each association must deposit with the Insurance Commissioner a certified copy of its charter, or other instrument, required by its home authorities; a statement under oath of its business for the preceding year; an appointment of a general agent, service upon whom shall bind the corporation; a certificate that for the next preceding twelve months it has paid in full the maximum amount named in its contracts of insurance; copies of its contracts of insurance and applications, which must show that the liabilities of its members are not limited to fixed premiums; and evidence satisfactory to the Insurance Commissioner that the corporation has accumulated a fund equal to that required of like corporations in this State, constituting a reserve or surplus fund, held in trust for the benefit of its contract holders.

Annual Statements.-Annual statements must be filed with the Commissioner on or before February 1, showing the condition of the association on December 31 preceding, and also on or before January 15, showing business done in California only. Statements must be published in daily newspaper.

Fees. For filing charter, $30; filing annual statement, $20; other papers, $5 each; license to agent, $1.

Taxes.-Governed by reciprocal legislation. Assessment companies charged $70 for

admission.

Fraternal Orders.-The law relating to assessment associations does not apply to secret or fraternal societies, lodges or councils which conduct their business and secure membership on the lodge system exclusively.

COLORADO.

Preliminary Documents.-Company must file with the Superintendent of Insurance a certified copy of its charter, and power of attorney appointing Superintendent attorney for service of process, and a statement under oath of its president and secretary of its business for the preceding year; a certificate under oath of its president and secretary that it has paid for the twelve months then next preceding the amount named in its policies or certificates in full; a copy of its policy or certificate and application.

Annual Statements.-Annual statements must be filed with the Superintendent on or before March 1, showing the condition of the association December 31 preceding.

Taxes.-Two per cent on gross premiums received or written to be paid to Superintendent of Insurance on or before March 1.

Fees-For filing power of attorney and statement preliminary to admission, $50; for filing copy of charter, $25; filing annual statement, $50; certificate of authority to do business, $5; for each copy of such certificate, for use of agents, $2; copies of papers on file, 20 cents per folio; certifying same, $1.

Fraternal Orders.-The law requires that any benevolent or fraternal society or order doing business under the lodge system that issues certificates of indemnity against loss by death, accident, or sickness of any of its members, shall file a copy of its charter or articles of incorporation with the Secretary of State. Annual statements must be filed with the Superintendent on or before March 1, showing the condition of the association December 31 preceding. Fees for filing annual statement, $50. Some resident of the State must be appointed to accept service of legal process.

CONNECTICUT

Preliminary Documents.-Association must deposit with the Commissioner a certified copy of its charter and copy of its statement showing its business transactions for the year ending December 31 preceding; a certificate that it has paid and has the ability to pay its certificates or policies to the full limits named therein; that it does not issue such certificates upon lives of persons more than sixty-five years of age; that its certificates are payable only to the beneficiaries who have an insurable interest in the life of the insured; that an ordinary assessment upon its members is sufficient to pay its maximum certificate of membership, issued to residents of this State. A copy of the constitution and by-laws of the association must be filed, together with a copy of the form of each certificate issued by it, and a copy of the application. The Insurance Commissioner must be appointed the attorney of the association to accept service of legal process.

Annual Statements.-Annual statements must be filed with the Commissioner on or before March 1, showing the condition of the company December 31 preceding. Such reports to be made upon blanks to be furnished by the Insurance Commissioner, and the substance thereof published in his annual report.

Fees. For filing copy of annual statement, $10; for filing copy of charter, reciprocal; for granting license, $10.

Fraternal Orders.-Fraternal orders must file with the Insurance Commissioner certified charter or articles of association and a copy of the constitution and by-laws; must also appoint the Insurance Commissioner their attorney to accept legal process; are re

quired to make on or before the first day of March in each year a report of their operations during the year preceding ending on the 31st of December, and of its financial condition on that date. No paid agents allowed. Fees-For filing annual statement, $5; for filing copy of charter, $5; for granting permit, $5.

DELAWARE.

Preliminary Documents.-Association must obtain from the Insurance Commissioner a certificate of authority to do business, file with him a certified copy of its charter, and appoint some resident within the State as its attorney to accept service of legal process. Annual Statements.-Annual statements must be filed on or before March 1, showing the condition of the association on December 31 preceding.

Fees.-Company to pay an annual license fee of $25, with a fee of $2 for issuing said license. For filing charter, $10; filing annual statement, $10; for each agent's certificate of authority, $2; copies of papers on file, 20 cents per folio; affixing seal and certifying same, $1; examinations, actual expenses incurred; agent's State license, $5.50.

Taxes.-Associations required to pay a tax of one and one-half per cent on gross premiums collected in the State.

Fraternal Orders.-Every benevolent, charitable or fraternal organization or association duly organized, or existing, or which may hereafter be duly organized in this State, or operates in this State, is required to file copy of constitution, and appoint some resident within the State as its attorney to accept service of legal process, and to file an annual statement. Fee, $10. Publication fee, $3.

DISTRICT OF COLUMBIA

Preliminary Documents.-Associations must file with the Superintendent of Insurance a copy of its charter, certified by the proper officer of the State wherein it was incorporated.

Annual Statements.-Annual statement must be filed during the month of January with the Superintendent, and a sworn statement setting forth that they are now paying and for the twelve months next preceding have paid, the maximum amount named in its policy or certificate of membership, when and as the same became payable, and that one assessment upon its members is sufficient to pay the maximum amount for such certificate. It must also furnish evidence that it holds an emergency or surplus fund, as a guarantee of payment of future death claims, when the same is required by the charter or constitution of the company or association.

License Fee.-Renewal license fee, $5.

Penalties.-Failure to file the certificates as set forth subjects the association to a revocation of its license.

Fraternal Orders.-Fraternal orders must be organized on the lodge plan, have a representative form of government, and each is required to file with the Superintendent of Insurance a copy of its charter, and articles of association; a copy of its by-laws, and appoint the Superintendent of Insurance as an attorney upon whom legal process may be served. It must show that it has authority to do business in the State or Territory wherein it was incorporated. Annual reports must be made on or before the 1st day of March in each year, showing its condition on the 31st day of December preceding.

FLORIDA.

Preliminary Documents.-Association must obtain a certificate of authority from the State Treasurer and file with him a certificate showing the condition of the association. Association must file a stipulation that service of legal process may be made upon an agent of the association in the State. Assessment life companies must show an investment of $200,000, same as old-line companies. The laws of Florida make no distinction between them.

Annual Statements.-Annual statements must be filed with the Board of Insurance Commissioners in the month of January, showing the condition of the association December 31 preceding. Abstracts of these statements must be printed in a newspaper of general circulation published at the capital.

Fees. For filing statement, to the State Treasurer, $10; association must pay an annual license fee of $200 in October of each year, and each agent must pay $5 annually to the State Treasurer and $2.50 to the tax collector in each county in which they do business. Traveling agents, $25 each.

Taxes. All companies must pay a tax of two per cent upon gross premiums received within the State.

Fraternal Orders.-Fraternal and benevolent societies are exempt from the operations of the law.

Sick and Funeral Benefit Associations.-Must have capital stock of at least $5000, fifty per cent paid in. Ten per cent of capital stock to be deposited with State Treasurer in

cash or approved securities. Must obtain certificate of authority from State Treasurer and furnish statement annually as of December 31. Foreign companies required to furnish certificate of authority from home State and to have on deposit with the State $5000 cash or approved securities. License tax, $200; $2 for each local agent and $10 for each traveling agent. Fee for filing annual statement, $5. The provisions of this act do not apply to secret or fraternal societies operated on the lodge plan.

GEORGIA.

Preliminary Documents-Each association must file with the Insurance Commissioner a certified copy of its charter and a copy of its statement of business for the preceding year; such statement must show the number and amount of certificates of membership in force, and a detailed account of its expenditures, income, assets, liabilities, and a certificate setting forth that it has paid and has the ability to pay its certificates for the full amount named therein. Also a copy of its certificate and application for membership, and of its constitution and by-laws. Policies and all literature must be labeled in large type in red ink "issued on the assessment plan."

Annual Statement.-Annual statement must be made to the Commissioner on or before March 1, showing condition of the association December 31 preceding.

Deposit.-Association must furnish satisfactory evidence that it has on deposit with the proper officer of its own State not less than $5000 for the protection of its policyholders. This deposit is to be increased in amount to $20,000 by January 1, 1903.

Fees. For filing statement of association, $20; issuing certificates to agents, $3 each, for filing copy of charter, $20.

Taxes. All companies required to make returns of gross receipts for the year ending April 30, to be taxed at one per cent; returns to be made and taxes paid by July 1 of each year.

Fraternal Societies.-Organizations of other States must file with the Commissioner a certificate from the proper officer of its home State that it is authorized to transact business therein; a copy of its charter, and its consitution and by-laws; must appoint Commissioner as person to accept legal service. Annual reports must be filed on or before March 1, showing business and standing of previous year. Fee for certificate to do business, $10, payable annually.

IDAHO.

Preliminary Documents.-Association must file a copy of its charter, an agreement appointing the Insurance Commissioner its attorney to accept legal process; also certificate that it is paying, and for the last twelve months has paid, the maximum amount named in its policies; also a statement of its business of the preceding year; also copies of its constitution and by-laws, and of its policies and applications. It must also show that it is lawfully entitled to do business in the State wherein it is chartered. All policies must have printed conspicuously upon them in red ink, the words "assessment plan," and all advertisements, circulars, etc., must contain the same words in red ink.

Assets. Company must have at least $100,000 of assets.

Annual Statement.-Assessment companies must file with the Comptroller, by May 1 each year, on blanks furnished by him, a statement of the affairs of the company on December 31 preceding. A statement showing the condition of the association must be printed in a newspaper published at the capital.

Fees. For filing charter, $10; for filing preliminary statement, $10; for filing annual statement, $10; for certificate of authority, $3.

Fraternal Orders.-Associations doing business by the lodge plan, with ritualistic form of work and representative form of government, will be admitted to the State. Association must file with the Insurance Commissioner copies of its charter, constitution and bylaws, together with an appointment of the Commissioner as its attorney to accept legal process; it must also show that it is lawfully entitled to do business in the State wherein it is chartered. Annual report of its affairs and condition on December 31 preceding must be filed on or before March 1. Fee for filing annual statement, $25; for permit, $5.

ILLINOIS.

Preliminary Documents.-Company must deposit with the Insurance Superintendent a certified copy of its articles of incorporation; statement of its business for the preceding year: also certificate that it is paying, and for the twelve months preceding has paid, the maximum amount named in its policies or certificates in full; a certificate from the proper authority of its home State that Illinois corporations are legally entitled to transact business in such State; that the corporation accumulates a fund equal in amount to that required of similar corporations of this State; a copy of its policy or certificate, application and by-laws, which must show that the insured's liability to contribute to the payment of benefits is not limited to the payment of a fixed periodical sum; must appoint Insurance Superintendent attorney to accept legal service.

Annual Statements.- Association must file its annual statement with the Commis

sioners on or before the 1st of March, showing the condition of the association on December 31 preceding.

Fees. For filing application and charter, $30; filing annual statement, $10. These in lieu of all other fees. Reciprocal provisions.

Fraternal Orders.—Each fraternal order must file with the Insurance Superintendent a certified copy of its charter and articles of incorporation, accompanied by a fee of $10; also by a sworn certificate by its secretary that it has paid all approved death claims in full for a period of at least six months previous; also must appoint the Insurance Superintendent its attorney to accept legal process. A certificate must also be filed showing that the order is authorized to do business in the State wherein it is organized. On or before March 1 of each year it must file a report showing its operations for the previous year. Orders not allowed to employ paid agents to solicit business, but may organize subordinate lodges.

INDIANA.

Preliminary Documents.-Assessment associations applying for license or renewal thereof to transact business in the State of Indiana are required to file with their application a copy of charter or articles of association and amendments thereto, certified by the State officer having custody of the original; certificate from the proper authority in its home State certifying that the association has been duly authorized to do business in such State, with a citation of the law under which it is organized, and further certifying that like associations of Indiana are legally entitled to do business in such State; appointment of the Auditor as attorney for service of process in Indiana; statement under oath of its chief officer and secretary in the form prescribed by the Auditor, showing its financial condition, its business operations for the preceding year, its membership and methods of doing business. The financial statement must show the association to be solvent; certificate under oath of its president and secretary that it is paying, and for the twelve months then next preceding has paid, the maximum amount named in its policies or certificate of membership in full; copy of by-laws and amendments thereto; copy of certificate of membership, which should show that the amount payable in event of death or other contingency is specific and not contingent upon the proceeds of one or more assessments. Certificate must not contain any provision by promise or calculation for the payment of endowments or annuities, nor the fixed cash values or loan values or paid-up values or extended insurance values during the lifetime of the member; this certificate must contain an emergency clause so plain in its composition that the member will have no misunderstanding about the right of the association to make additional or extra assessments. All certificates of membership must be uniform and of same character, differing only in denomination or amount payable; copy of application for membership and medical examiner's report; associations of other States must file an agreement duly executed by the proper officers, that such corporation, association or society will not enter into or issue within this State any contract of insurance, policy or agreement not authorized by the Act of March 9, 1897. Copies of literature used by solicitors in extending the business of the association are also required to be filed. Annual Statements.-Annual statements must be filed with the Auditor on or before March 1, showing the condition of the association December 31 preceding.

Fees. For filing articles of association, $25; for filing copy of annual statement, $20; other fees regulated by reciprocal provisions.

Fraternal Orders.-Fraternal beneficiary associations applying for license to transact business in the State of Indiana under the provisions of the Act of March 1, 1899, should file with their applications a copy of charter and amendments thereto, certified by the State officer having custody of the original; a certificate under oath of its chief officer and secretary that the association conducts its business upon the lodge system, with ritualistic form of work, and that it has a representative form of government; a certificate from the Superintendent of Insurance for the association's own State certifying that the association has been duly authorized to do business in such State, with a citation of the law under which it is organized; a statement under oath of its chief officer and secretary in the form prescribed by this office, showing its financial condition, its business operations for the preceding year, its membership and methods of doing business. This financial statement must show the association to be solvent; copy of constitution and by-laws certified to under oath by its chief executive officer and secretary. Appointment of the Auditor of State of the State of Indiana as attorney for service of process in Indiana, prepared on blank form furnished for the purpose. Copy of certificate of membership which should show that the amount payable in event of death or other contingency is specific and not contingent upon the proceeds of one or more assessments. Certificate must not contain any provision for the payment of endowments, dividends or annuities. Certificate should contain an emergency clause so plain in its composition that the member will have no misunderstanding about the right of the association to make additional or extra assessments. All certificates of membership should be uniform and of same character, differing only in denomination or amount payable, all members being of one class. Copy of application for membership and medical examiner's report. Copy of literature used by organizers or representatives in soliciting business and extending the operations of the association.

IOWA.

Preliminary Documents.-Association must file a copy of its charter, by-laws, certificate and application; also statement showing its condition. All statements filed must show that the death or surrender values of certificates is provided for, and that an ordinary assessment upon its members is sufficient to pay its maximum certificate to the full limit named therein. Association must also designate the Auditor of State its attorney to accept service of legal process, and must also stipulate that it will not transfer any action commenced in a State court to a United States court.

Annual Statements.-Annual statements must be filed on or before March 1, showing the condition of the association December 31 preceding; certificate issued to association required to be published once a week for four weeks in some newspaper published at the capital city.

Fees. For issuing first license, $25; filing annual statement, $20; certificate to association, $2; certificate for publication, $2; examinations of associations, $5 per day and expenses; issuing license to agents, $2; other fees regulated by reciprocal provision.

Taxes.-Companies must, at the time of filing their annual statements, pay a tax of one per cent upon the gross amount received on assessments, fees, dues or premiums on business done in the State during the preceding year. Applies to Iowa companies only.

Fraternal Orders.-Every such association shall, on or before the first day of March of each year, make and file with the Auditor of State, a report for the year ending on the 31st day of December immediately preceding. Such association shall not employ paid agents in soliciting or procuring members, except in the organization or building up of subordinate bodies or granting members inducements to procure new members. Examinations may be made not less frequently than once in two years. Before any such association can be authorized, copy of by-laws, rules, articles of incorporation and plan of business must be submitted to the Auditor and Attorney-General. Fee for certificate of authority or renewal of same, $25. To obtain a certificate, applications on at least 500 persons for $1000 each must be in hand, and said certificate will not be renewed if the membership falls below the above requirements. Foreign associations must have 1000 members holding $1,000,000 insurance before they will be authorized.

KANSAS.

Preliminary Documents.-Association must file with the Insurance Commissioner a copy of its charter and of its by-laws and a copy of its certificate and application, and a certificate from the insurance official of the State wherein it is organized, showing that it is entitled to do business. It must also file a statement showing its condition and certifying that it has paid and is able to pay its certificate to the full limit named therein. Association must also appoint the Superintendent as its attorney to accept service of legal process, and must file with the State Treasurer a bond in the sum of $50,000, with resident sureties approved by the Superintendent, conditioned that all its obligations shall be paid.

Deposit. There must be deposited with the Treasurer, as a guarantee fund, not less than ten per cent of each assessment made by the company for the payment of death claims, regardless of any guarantee fund held in other States.

Annual Statements.-Annual statements must be filed within sixty days from January I, showing the condition of the association December 31 preceding.

Fees. An annual license fee of $100 is charged. For filing original papers, $1; issuing certificate of authority, $5.

Fraternal Orders.-Fraternal societies are described as beneficiary associations, organized on the lodge system with ritualistic form of work and having a representative form of government. Such associations of other States must file with the Superintendent of Insurance a copy of their charter, of their constitution and by-laws; evidence that they are authorized to do business in the State wherein they are chartered and an appointment of the Superintendent to accept service of legal process. Annual statements must be filed on or before March 1, showing the business of the preceding year. Fee for filing annual statement, $20. Admission fee, $25.

KENTUCKY.

Preliminary Documents.-Association must file a copy of its charter, certified by custodian of original; a resolution of board of directors authorizing service of process upon the Insurance Commissioner, or upon any agent of the company in this State; a statement under oath of the condition of the company on the 31st day of December next preceding, which must include a statement that it has paid, and has the ability to pay, its certificates or policies to the full limit named therein; that its certificates or policies are payable only to beneficiaries having a legal insurable interest in the life of the member or insured; that an ordinary assessment upon its members is sufficient to pay its maximum certificate of membership or policy theretofore issued, if any, or thereafter to be issued to residents of