378.605. Operation, purpose--laws and rules, power to adopt. - Missouri Statutes

Operation, purpose--laws and rules, power to adopt.

378.605. 1. A society shall operate for the benefit ofmembers and their beneficiaries by:

(1) Providing benefits as specified in section 378.616; and

(2) Operating for one or more social, intellectual,educational, charitable, benevolent, moral, fraternal, patrioticor religious purposes for the benefit of its members, which mayalso be extended to others. Such purposes may be carried outdirectly by the society, or indirectly through subsidiarycorporations or affiliated organizations.

2. Every society shall have the power to adopt laws andrules for the government of the society, the admission of itsmembers and the management of its affairs. It shall have thepower to change, alter, add to or amend such laws and rules andshall have such other powers as are necessary and incidental tocarrying into effect the objects and purposes of the society.

(L. 1992 S.B. 831)

Effective 1-1-93