Ohio § 3921.05 Purpose of fraternal benefit society

Ohio Statutes

§ 3921.05 — Purpose of fraternal benefit society

Ohio § 3921.05

Title 39Insurance

Ch. 3921Fraternal Benefit Societies

This text of Ohio § 3921.05 (Purpose of fraternal benefit society) is published on Counsel Stack Legal Research, covering Ohio primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ohio Rev. Code Ann. § 3921.05 (2026).

Text

(A)A fraternal benefit society shall operate for the benefit of its members and their beneficiaries by providing any of the benefits set forth in section3921.16of the Revised Code, and by operating for social, intellectual, educational, charitable, benevolent, moral, fraternal, patriotic, or religious purposes for the benefit of its members and any other persons as determined by the society. Such purposes may be carried out either directly by the society or indirectly through subsidiary corporations or affiliated organizations.

(B)A fraternal benefit society may do any of the following:

(1)Adopt laws and rules for the government of the society, the admission of its members, and the management of its affairs;

(2)Amend or otherwise alter its laws and rules;

(3)Take any other action

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(A) A fraternal benefit society shall operate for the benefit of its members and their beneficiaries by providing any of the benefits set forth in section3921.16of the Revised Code, and by operating for social, intellectual, educational, charitable, benevolent, moral, fraternal, patriotic, or religious purposes for the benefit of its members and any other persons as determined by the society. Such purposes may be carried out either directly by the society or indirectly through subsidiary corporations or affiliated organizations.

(B) A fraternal benefit society may do any of the following:

(1) Adopt laws and rules for the government of the society, the admission of its members, and the management of its affairs;

(2) Amend or otherwise alter its laws and rules;

(3) Take any other action necessary and incidental to carrying out the objectives and purposes of the society.