Any incorporated society, order, or supreme lodge, without capital stock, including one exempted under § 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 […]
(a) A society is operating on the lodge system if it has a supreme governing body and subordinate lodges into which members are elected, initiated, or admitted in accordance with its laws, rules, and rituals. Subordinate lodges shall be required by the laws of the society to hold regular meetings at least one (1) time […]
A society has a representative form of government when: (1) It has a supreme governing body constituted in one (1) of the following ways: (A) Assembly. (i) (a) The supreme governing body is an assembly composed of delegates elected directly by the members or at intermediate assemblies or conventions of members or their representatives, together […]
As used in this chapter: (1) “Benefit contract” means the agreement for provision of benefits authorized by § 23-74-401, as that agreement is described in § 23-74-404(a); (2) “Benefit member” means an adult member who is designated by the laws or rules of the society to be a benefit member under a benefit contract; (3) […]
(a) A fraternal benefit society shall operate for the benefit of members and their beneficiaries by: (1) Providing benefits as specified in § 23-74-401; and (2) Operating for one (1) or more social, intellectual, educational, charitable, benevolent, moral, fraternal, patriotic, or religious purposes for the benefit of its members, which may also be extended to […]
