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zepelin [54]
3 years ago
8

A nonprofit incorporated society that does not have capital stock and operates for the sole benefit of its members is known as

English
1 answer:
AfilCa [17]3 years ago
4 0

The nonprofit incorporated society in which operates for sole benefit of its member even they don’t have a capital stock is known as the fraternal benefit society. As this society is formed in order to provide benefit or the mutual aid for their members.

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