A society may create, maintain and operate, or may establish organizations to operate, not for profit institutions to further the purposes permitted by subdivision 2 of subsection A of § 38.2-4104. Such institutions may furnish services free or at a reasonable charge. Any real or personal property owned, held or leased by the society for this purpose shall be reported in every annual statement. No society shall own or operate funeral homes or undertaking establishments.
1968, c. 654, § 38.1-638.36; 1986, c. 562.
Structure Code of Virginia
Chapter 41 - Fraternal Benefit Societies
§ 38.2-4100. Fraternal benefit societies
§ 38.2-4102. Representative form of government
§ 38.2-4104. Purposes and powers
§ 38.2-4105. Qualifications for membership
§ 38.2-4106. Location of office; meetings, communications to members; grievance procedures
§ 38.2-4107. No personal liability
§ 38.2-4109. Organization of domestic society on or after October 1, 1986
§ 38.2-4110. Incorporation of fraternal benefit societies
§ 38.2-4111. Amendments to laws
§ 38.2-4114. Consolidations and mergers
§ 38.2-4115. Conversion of fraternal benefit society into mutual life insurer
§ 38.2-4118. Benefits not attachable
§ 38.2-4119. The benefit contract
§ 38.2-4120. Nonforfeiture benefits, cash surrender values, certificate loans and other options
§ 38.2-4126. Reports to be filed
§ 38.2-4128. Examination of societies; no adverse publications
§ 38.2-4129. Admission; foreign or alien society
§ 38.2-4130. Injunction; liquidation; receivership of domestic society
§ 38.2-4131. Suspension, revocation or refusal of license of foreign or alien society
§ 38.2-4132. Licensing of agents
§ 38.2-4133. Unfair methods of competition and unfair and deceptive acts and practices
§ 38.2-4135. Exemption of certain societies
§ 38.2-4136. Societies previously existing; reincorporation; amendments
§ 38.2-4137. Exemption of member representatives of certain societies