Louisiana Revised Statutes 22:281 – Fraternal benefit societies
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Terms Used In Louisiana Revised Statutes 22:281
- Lodge: means subordinate member units of the society, known as camps, courts, councils, branches, or by any other designation. See Louisiana Revised Statutes 22:284
- Society: means fraternal benefit society. See Louisiana Revised Statutes 22:284
A fraternal benefit society is any incorporated society, order, or supreme lodge, without capital stock, including one exempted under the provisions of La. Rev. Stat. 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 La. Rev. Stat. 22:541 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.