KRS 304.29-051: Purposes and powers.

(1) A society shall operate for the benefit of members and their beneficiaries by:

(a) Providing benefits as specified in KRS 304.29-161; and

(b) Operating for one (1) or more social, intellectual, educational, charitable,

benevolent, moral, fraternal, patriot ic or religious purposes for the benefit of

its members, which may also be extended to others. The 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 the laws and rules and shall have

other powers necessary and inc idental to carrying into effect the objects and

purposes of the society.