58-24-55. Institutions.
A society may create, maintain and operate, or may establish organizations to operate, not for profit institutions to further the purposes permitted by G.S. 58-24-20(a)(2). 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. (1987, c. 483, s. 2.)
Structure North Carolina General Statutes
North Carolina General Statutes
Article 24 - Fraternal Benefit Societies.
§ 58-24-1 - Fraternal benefit societies.
§ 58-24-10 - Representative form of government.
§ 58-24-20 - Purposes and powers.
§ 58-24-25 - Qualifications for membership.
§ 58-24-30 - Location of office, meetings, communications to members, grievance procedures.
§ 58-24-35 - No personal liability.
§ 58-24-50 - Amendments to laws.
§ 58-24-65 - Consolidations and mergers.
§ 58-24-70 - Conversion of fraternal benefit society into mutual life insurance company.
§ 58-24-85 - Benefits not attachable.
§ 58-24-90 - The benefit contract.
§ 58-24-95 - Nonforfeiture benefits, cash surrender values, certificate loans and other options.
§ 58-24-130 - Perpetual license.
§ 58-24-135 - Examination of societies; no adverse publications.
§ 58-24-140 - Foreign or alien society Admission.
§ 58-24-145 - Injunction - Liquidation - Receivership of domestic society.
§ 58-24-150 - Suspension, revocation or refusal of license of foreign or alien society.
§ 58-24-160 - Licensing of agents.
§ 58-24-165 - Unfair methods of competition and unfair and deceptive acts and practices.
§ 58-24-170 - Service of process.
§ 58-24-185 - Exemption of certain societies, orders, and associations.