Nevada Revised Statutes 695A.010 – ‘Fraternal benefit society’ defined
Current as of: 2023 | Check for updates
|
Other versions
‘Fraternal benefit society’ means any incorporated society, order or supreme lodge, without capital stock, including one exempted under the provisions of paragraph (b) of subsection 1 of NRS 695A.570 whether incorporated or not, which:
1. Is conducted solely for the benefit of its members and their beneficiaries and not for profit;
2. Operates on a lodge system with ritualistic form of work;
3. Has a representative form of government; and
4. Provides benefits in accordance with this chapter.