GENERAL ASSEMBLY OF NORTH CAROLINA
1991 SESSION
CHAPTER 62
AN ACT TO CLARIFY FUNERAL BENEFITS PROVIDED BY ALL BURIAL ASSOCIATIONS OPERATING IN NORTH CAROLINA.
The General Assembly of North Carolina enacts:
Section 1. Article 2 of G.S. 143B-472.3 reads as rewritten:
"Article 2. The objects and purposes for which this
association is formed and the purposes for which it has been organized, and the
methods and plan of operation of this association shall be to provide a plan
for each member of this association for the payment of one funeral benefit for
each member, which benefit shall consist of a funeral benefit in
cash or merchandise and service, with no free embalming or free ambulance
service included in such benefitsthis benefit. No other free
service or any other thing free shall be held out, promised or furnished, in
any case. Such funeral benefit shall be in the amount of one hundred dollars
($100.00) of cash or merchandise and service, without free embalming or free
ambulance service, for persons of the age of 10 years and over, or in the
amount of fifty dollars ($50.00) for persons under the age of 10 years;
provided, however, that any member of this association of the age of 10 years
or more may purchase a double benefit (for a total benefit of two hundred
dollars ($200.00)), and provided further, however, that any member of this
association under the age of 10 years may purchase a double benefit (for a
total benefit of one hundred dollars ($100.00)) or a quadruple benefit (for a
total benefit of two hundred dollars ($200.00)); however, any additional
benefit (as set out herein) shall be based on the assessment rate, as provided
in Article 6 of this section, at the attained age of applicant at the time the
additional benefit takes effect. The purchase of an additional benefit shall
not be available to any member who cannot fulfill the requirements as set forth
in Article 3 of this section.
Provided, further, that mutual burial associations organized and operating pursuant to this Article may offer for sale to its members in good standing, funeral benefits payable only in cash in excess of two hundred dollars ($200.00), but those sales shall be subject to all applicable insurance laws of this State and shall in no manner be subject to the provisions of this Article or impair whatsoever funds heretofore or hereafter collected and held by that Association pursuant to this Article. All mutual burial association policies heretofore or hereafter sold in this State in an amount of two hundred dollars ($200.00) or less shall continue to be administered by the Burial Association Administrator and shall be subject to all provisions of this Article."
Sec. 2. This act is effective upon ratification.
In the General Assembly read three times and ratified this the 30th day of April, 1991.
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James C. Gardner
President of the Senate
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Daniel Blue, Jr.
Speaker of the House of Representatives