Arizona Laws 20-891. Unfair acts and practices
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Each society authorized to transact business in this state is subject to chapter 2, article 6 of this title, except that nothing in chapter 2, article 6 of this title applies to or affects the right of a society to determine its eligibility requirements for membership or to offer its benefits exclusively to members or persons eligible for membership in the society through a subsidiary corporation or affiliated organization of the society.
Terms Used In Arizona Laws 20-891
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Society: means a fraternal benefit society. See Arizona Laws 20-861