{"data":{"id":"us-tx/tex.-insurance-code-885.051","jurisdiction":"us-tx","citation":"Tex. Insurance Code § 885.051","heading":"FRATERNAL BENEFIT SOCIETY DEFINED.","body":"A corporation, society, order, or voluntary association is a fraternal benefit society if it:\n(1) has a lodge system and a representative form of government or limits its membership to a secret fraternity that has a lodge system and a representative form of government;\n(2) is organized and operated solely for the mutual benefit of its members and their beneficiaries and not for profit;\n(3) does not have capital stock; and\n(4) provides for the payment of benefits in accordance with Section 885.301.\nAdded by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.","path":["INSURANCE CODE","TITLE 6. ORGANIZATION OF INSURERS AND RELATED ENTITIES","SUBTITLE E. MUTUAL AND FRATERNAL COMPANIES AND RELATED ENTITIES","CHAPTER 885. FRATERNAL BENEFIT SOCIETIES","SUBCHAPTER B. STRUCTURE OF FRATERNAL BENEFIT SOCIETY"],"source_url":"https://statutes.capitol.texas.gov/Docs/IN/htm/IN.885.htm#885.051","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:21Z","sha256":"4153b3a6a3a1966878695486567f537517689a694152338c35a86513e15afefd","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-insurance-code-885.006","next":"us-tx/tex.-insurance-code-885.052"},"notice":"GroundRules: Original legal text. Not legal advice."}
