(215 ILCS 5/282.1)
(from Ch. 73, par. 894.1)
(Section scheduled to be repealed on January 1, 2027)
Fraternal benefit societies.
Any incorporated society,
order or supreme lodge without capital stock, including one exempted under
the provisions of Section 315.5(a) of this amendatory Act whether incorporated or
not, organized solely for the benefit of its members and their
beneficiaries and not for profit, operated on a lodge system with
ritualistic form of work, having a representative form of government and
providing benefits in accordance with this amendatory Act is hereby declared
to be a fraternal benefit society.
(Source: P.A. 84-303