91(1)Where a fraternal society, incorporated under the law of the Province, transacts endowment or expectancy insurance and has an endowment fund separate and distinct from its life insurance fund, the society may, by resolution passed at a general meeting after at least one month’s notice of such intended resolution, determine that the endowment or expectancy insurance be discontinued and that the endowment or expectancy fund be distributed among the members then in good standing who are contributing to the fund, to each member
pro rata according to his total contribution.