Chapter 748 — Fraternal Benefit Societies
ORS 748.123 Membership; eligibility; admission process; privileges
A society shall specify in its laws or rules:
Eligibility standards for each and every class of membership, provided that, if benefits are provided on the lives of children, the minimum age for adult membership shall be set at not less than 15 years of age and not greater than 21 years of age;
The process for admission to membership for each membership class; and
The rights and privileges of each membership class, provided that only benefit members shall have the right to vote on the management of the insurance affairs of the society.
A society may also admit social members who shall have no voice or vote in the management of the insurance affairs of the society.
Membership rights in the society are personal to the member and are not assignable.
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Provenance
2023 Oregon Revised Statutes
Official online edition
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- oregonlegislature.gov
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Version history
Prior statutory text is not available in the ingested published editions. Consult an earlier official ORS edition or the cited Oregon Laws chapter.
2025 Oregon Revised Statutes — official online source · active · operative text
Official source2023 Oregon Revised Statutes · active · operative text
Official source