Any incorporated society, order or supreme lodge, without capital stock, including one exempted under § 56-25-704(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 that provides benefits in accordance with this chapter, is declared to be a “fraternal benefit society.”
Tenn. Code Ann. § 56-25-101
Organizations that constitute “fraternal benefit societies.”
Known as the Tennessee Insurance Law
The act spans §§ 56-10-101 to 56-8-206 (1,220 sections).
Acts 1990, ch. 703, § 1; T.C.A § 56-25-1101.
Current official text: Tennessee Code (LexisNexis). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Tennessee statutes; confirm against the official source for the current text. Not legal advice.