§432:2-104 Fraternal benefit societies. Any incorporated society, order or supreme lodge, without capital stock, including one exempted under the provisions of section 432:2-704(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 article, is hereby declared to be a fraternal benefit society. [L 1987, c 347, pt of §2]
Section: Previous 432-1-616 432-1-617 432-1-620 432-2-101 432-2-102 432-2-103 432-2-103.5 432-2-104 432-2-105 432-2-106 432-2-107 432-2-108 432-2-201 432-2-202 432-2-203 NextLast modified: October 27, 2016