Nevada Revised Statutes Section 695A.010 - Insurance

“Fraternal benefit society” defined. “Fraternal benefit society” means any incorporated society, order or supreme lodge, without capital stock, including one exempted under the provisions of paragraph (b) of subsection 1 of NRS 695A.570 whether incorporated or not, which:

1. Is conducted solely for the benefit of its members and their beneficiaries and not for profit;

2. Operates on a lodge system with ritualistic form of work;

3. Has a representative form of government; and

4. Provides benefits in accordance with this chapter.

Last modified: February 27, 2006