Virginia Code 38.2-4104: Purposes and powers.
A. A society shall operate for the benefit of members and their beneficiaries by:
Terms Used In Virginia Code 38.2-4104
- Laws: means the society's articles of incorporation, constitution and bylaws, however designated. See Virginia Code 38.2-4103
- Rules: means all rules, regulations or resolutions adopted by the supreme governing body or board of directors which are intended to have general application to the members of the society. See Virginia Code 38.2-4103
- Society: means fraternal benefit society, unless otherwise indicated. See Virginia Code 38.2-4103
1. Providing benefits as specified in § 38.2-4116; and
2. Operating for one or more social, intellectual, educational, charitable, benevolent, moral, fraternal, patriotic or religious purposes for the benefit of its members, which may also be extended to others. Such purposes may be carried out directly by the society, or indirectly through subsidiary corporations or affiliated organizations.
B. Every society shall have the power to adopt laws and rules for the government of the society, the admission of its members, and the management of its affairs. It shall have the power to change, alter, add to or amend such laws and rules and shall have any other powers necessary and incidental to effecting the objects and purposes of the society.
Code 1950, §§ 38-277, 38.1-593; 1952, c. 317, § 38.1-638.25; 1968, c. 654, § 38.1-638.36; 1986, c. 562.