41-3205. PURPOSES AND POWERS. (1) A society shall operate for the benefit of members and their beneficiaries by:
(a) Providing benefits as specified in section 41-3216, Idaho Code; and
(b) Operating for one (1) 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. Such purposes may be carried out directly by the society, or indirectly through subsidiary corporations or affiliated organizations.
(2) 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.
History:
[41-3205, added 1995, ch. 213, sec. 2, p. 725.]
Structure Idaho Code
Chapter 32 - FRATERNAL BENEFIT SOCIETIES
Section 41-3201 - FRATERNAL BENEFIT SOCIETIES.
Section 41-3202 - LODGE SYSTEM.
Section 41-3203 - REPRESENTATIVE FORM OF GOVERNMENT.
Section 41-3205 - PURPOSES AND POWERS.
Section 41-3206 - QUALIFICATIONS FOR MEMBERSHIP.
Section 41-3207 - LOCATION OF OFFICE, MEETINGS, COMMUNICATIONS TO MEMBERS, GRIEVANCE PROCEDURES.
Section 41-3208 - NO PERSONAL LIABILITY.
Section 41-3210 - ORGANIZATION.
Section 41-3211 - AMENDMENTS TO LAWS.
Section 41-3212 - INSTITUTIONS.
Section 41-3213 - REINSURANCE.
Section 41-3214 - CONSOLIDATIONS AND MERGERS.
Section 41-3215 - CONVERSION OF FRATERNAL BENEFIT SOCIETY INTO A MUTUAL LIFE INSURANCE COMPANY.
Section 41-3217 - BENEFICIARIES.
Section 41-3218 - BENEFITS NOT ATTACHABLE.
Section 41-3219 - THE BENEFIT CONTRACT.
Section 41-3221 - INVESTMENTS.
Section 41-3227 - EXAMINATION OF SOCIETIES — NO ADVERSE PUBLICATIONS.
Section 41-3228 - FOREIGN OR ALIEN SOCIETY — ADMISSION.
Section 41-3229 - INJUNCTION — LIQUIDATION — RECEIVERSHIP OF DOMESTIC SOCIETY.
Section 41-3230 - SUSPENSION, REVOCATION OR REFUSAL OF LICENSE OF FOREIGN OR ALIEN SOCIETY.
Section 41-3232 - LICENSING OF AGENTS.
Section 41-3233 - UNFAIR METHODS OF COMPETITION AND UNFAIR AND DECEPTIVE ACTS AND PRACTICES.
Section 41-3234 - SERVICE OF PROCESS.