Oregon Statutes - Chapter 748 - Fraternal Benefit Societies - Section 748.106 - Description of fraternal benefit society.

Any corporation, society, order, supreme lodge or voluntary association, without capital stock, conducted solely for the benefit of its members and their beneficiaries and not-for-profit, operated on a lodge system with ritualistic form of work, having a representative form of government and which provides benefits in accordance with this chapter is hereby declared to be a fraternal benefit society. [1987 c.490 §3]

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Last modified: August 7, 2008