Arkansas Code § 23-74-101 - Fraternal Benefit Society Defined

Any incorporated society, order, or supreme lodge, without capital stock, including one exempted under ยง 23-74-704(a)(2), whether incorporated or not, 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.

Section: 23-74-102  23-74-103  23-74-104  23-74-105    Next

Last modified: November 15, 2016