RCW 48.36A.050
Beneficial operations—Laws and rules.
(1) A society shall operate for the benefit of members and their beneficiaries by:
(a) Providing benefits as specified in RCW 48.36A.160; 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.
These purposes may be carried out directly by the society, or indirectly through subsidiary corporations or affiliated organizations.
(2) Every society may adopt laws and rules for the government of the society, the admission of its members, and the management of its affairs. It may change, alter, add to, or amend such laws and rules and has such other powers as are necessary and incidental to carrying into effect the objects and purposes of the society.
[ 1987 c 366 § 5.]
Structure Revised Code of Washington
Chapter 48.36A - Fraternal Benefit Societies.
48.36A.010 - Fraternal benefit society defined.
48.36A.020 - Lodge system—Lodges for children.
48.36A.030 - Representative form of government.
48.36A.050 - Beneficial operations—Laws and rules.
48.36A.060 - Membership classes, rights, grievances.
48.36A.070 - Location of office and meetings—Official publications, annual statement.
48.36A.080 - Immunity of officers—Indemnification of person responsible—Insurance for liability.
48.36A.090 - Nonwaiver provisions.
48.36A.100 - Formation of domestic society—Procedures and requirements.
48.36A.110 - Amendment of society's laws.
48.36A.120 - Not-for-profit institutions authorized—Funeral homes prohibited.
48.36A.140 - Consolidation and merger.
48.36A.150 - Conversion to mutual life insurance company.
48.36A.160 - Contractual benefits.
48.36A.170 - Designation of beneficiary—Funeral benefits.
48.36A.180 - Protection of benefits.
48.36A.190 - Benefit certificates—Impaired reserves.
48.36A.200 - Paid-up nonforfeiture benefits and cash surrender values.
48.36A.210 - Authorized investments.
48.36A.220 - Assets—Investment and disbursement.
48.36A.230 - Chapter exclusive.
48.36A.240 - Funds tax exempt, exception.
48.36A.250 - Valuation standards—Reserves.
48.36A.260 - Annual financial statement.
48.36A.263 - Filing of financial statements.
48.36A.270 - Licenses and renewals—Fees—Existing societies.
48.36A.272 - Notice of intent to suspend, revoke, or refuse to renew a license.
48.36A.274 - Duration of suspension.
48.36A.276 - Reauthorization of license.
48.36A.278 - Notice to agents of loss of authority.
48.36A.282 - Transactions hazardous to certificate holders or creditors—Standards for consideration.
48.36A.290 - License required—Obtaining.
48.36A.310 - Deficiencies, noncompliance by societies—Actions against license.
48.36A.320 - Requirements for injunction.
48.36A.330 - Insurance producers.
48.36A.340 - Unfair trade practices.
48.36A.350 - Service of process upon commissioner.
48.36A.380 - World War I societies.
48.36A.390 - Fraternal mutual insurers.
48.36A.400 - Fraternal mutual life insurers.
48.36A.410 - Review of commissioner's decisions and findings.