There is a newer version of the Minnesota Statutes
2016 Minnesota Statutes
Chapters 59A - 79A — INSURANCE
Chapter 64B — FRATERNAL BENEFIT SOCIETIES
Section 64B.12 — INSTITUTIONS.
MN Stat § 64B.12 (2016) What's This?
64B.12 INSTITUTIONS. A society may create, maintain, and operate, or may establish organizations to operate, not for profit institutions to further the purposes permitted by section 64B.05, subdivision 1, clause (2). The institutions may furnish services free or at a reasonable charge. Any real or personal property owned, held, or leased by the society for this purpose shall be reported in every annual statement.
History: 1985 c 49 s 12
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