TITLE 41

INSURANCE

CHAPTER 32

FRATERNAL BENEFIT SOCIETIES

41-3201.  Fraternal benefit societies. Any incorporated society, order or supreme lodge, without capital stock, including one exempted under the provisions of section 41-3237(1)(b), Idaho Code, 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 chapter, is hereby declared to be a fraternal benefit society.

History:

[41-3201, added 1995, ch. 213, sec. 2, p. 723.]