Nebraska § 44-1072 Fraternal benefit society

Nebraska Statutes

§ 44-1072 — Fraternal benefit society

Nebraska·Ch. 44 Insurance

Any incorporated society, order, or supreme lodge, without capital stock, including one exempted under subdivision (1)(b) of section  44-10,109  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 sections  44-1072  to  44-10,109 , is hereby declared to be a fraternal benefit society.

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Any incorporated society, order, or supreme lodge, without capital stock, including one exempted under subdivision (1)(b) of section 44-10,109 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 sections 44-1072 to 44-10,109 , is hereby declared to be a fraternal benefit society.

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