2013 Hawaii Revised Statutes
TITLE 24. INSURANCE
432. Benefit Societies
432:2-104 Fraternal benefit societies.


HI Rev Stat § 432:2-104 (2013) What's This?

§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]

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