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2018 Louisiana Laws
Revised Statutes
TITLE 22 - Insurance
RS 22:281 - Fraternal benefit societies
Universal Citation: LA Rev Stat § 22:281 (2018)
SUBPART J. FRATERNAL BENEFIT SOCIETIES
§281. Fraternal benefit societies
A fraternal benefit society is any incorporated society, order, or supreme lodge, without capital stock, including one exempted under the provisions of R.S. 22:317(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 Subpart.
Acts 1958, No. 125; Acts 1987, No. 470, §1, eff. Jan. 1, 1988; Redesignated from R.S. 22:541 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.
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