Any incorporated society, order, or supreme lodge, without capital stock, including
one (1) exempted under the provisions of subsection (1)(b) of KRS 304.29-371, whether incorporated or not, conducted 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 which provides benefits
in accordance with this subtitle, shall be a fraternal benefit society.
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