2021 Oregon Revised Statutes
Chapter 748 - Fraternal Benefit Societies
Section 748.121 - Purposes, operation and powers.

(2) A society shall operate for the benefit of members and their beneficiaries by:
(a) Providing benefits as specified in ORS 748.201; and
(b) Operating for one or more social, intellectual, educational, charitable, benevolent, moral, fraternal, patriotic or religious purposes for the benefit of its members, which may also be extended to others.
(3) Every society shall have the power to adopt laws and rules for the government of the society, the admission of its members and the management of its affairs. It shall have the power to change, alter, add to or amend such laws and rules and shall have such other powers as are necessary and incidental to carrying into effect the objects and purposes of the society. [1987 c.490 §6]

<< Previous

Next >>

Structure 2021 Oregon Revised Statutes

2021 Oregon Revised Statutes

Volume : 18 - Financial Institutions, Insurance

Chapter 748 - Fraternal Benefit Societies

Section 748.103 - Definitions.

Section 748.109 - Conditions constituting "operating on a lodge system."

Section 748.112 - Conditions constituting "representative form of government."

Section 748.121 - Purposes, operation and powers.

Section 748.123 - Membership; eligibility; admission process; privileges.

Section 748.130 - Principal office; publications; annual statement synopsis; complaints.