Sec. 885.051.  FRATERNAL BENEFIT SOCIETY DEFINED.  A corporation, society, order, or voluntary association is a fraternal benefit society if it:
(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;
(2)  is organized and operated solely for the mutual benefit of its members and their beneficiaries and not for profit;
(3)  does not have capital stock;  and
(4)  provides for the payment of benefits in accordance with Section 885.301.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.