Florida Statutes Section 632.601 - “fraternal Benefit Society” Defined. (Fla. Stat. § 632.601)

632.601 “Fraternal benefit society” defined.—Any incorporated society, order, or supreme lodge, without capital stock, including one exempted under the provisions of s. 632.637(1)(b), 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 makes provision for the payment of benefits in accordance with this chapter, is hereby declared to be a “fraternal benefit society.”

History.—ss. 4, 6, ch. 86-140; s. 4, ch. 91-429.

Section: 632.601  632.602  632.603  632.604  632.605  632.606  632.607  632.608  632.609  632.611  632.612  632.613  632.614  632.615  632.616  Next

Last modified: September 23, 2016