2010 North Carolina Code
Chapter 58 Insurance.
Article 24 - Fraternal Benefit Societies.
58-24-1. Fraternal benefit societies.
58‑24‑1. Fraternal benefit societies.
Any incorporated society, order or supreme lodge, without capital stock, including one exempted under the provisions of G.S. 58‑24‑185(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. (1987, c. 483, s. 2.)
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