TITLE 27
Insurance

CHAPTER 27-25
Rhode Island Fraternal Code

SECTION 27-25-12


§ 27-25-12 Institutions.

A society may create, maintain and operate, or may establish organizations to operate, not for profit institutions to further the purposes permitted by § 27-25-5(a)(2)(i). Those institutions may furnish services free or at a reasonable charge. Any real or personal property owned, held, or leased by the society for this purpose shall be reported in every annual statement.

History of Section.
(P.L. 1984, ch. 201, § 2.)