N.C. Gen. Stat. § 58-24-1

Current through Session Law 2024-3
Section 58-24-1 - Fraternal benefit societies

Any incorporated society, order or supreme lodge, without capital stock, including one exempted under the provisions of G.S. 58-24-185(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 Article, is hereby declared to be a fraternal benefit society.

N.C. Gen. Stat. § 58-24-1

1987, c. 483, s. 2.