Section 378.604

Title XXIV BUSINESS AND FINANCIAL INSTITUTIONS

Chapter 378

Effective - 01 Jan 1993, see footnote   

  378.604.  Definitions. — As used in this chapter, the following terms shall mean:

  (1)  "Benefit contract", the agreement for provision of benefits authorized by section 378.616, as that agreement is described in subsection 1 of section 378.619;

  (2)  "Benefit member", an adult member who is designated by the laws or rules of the society to be a benefit member under a benefit contract;

  (3)  "Certificate", the document issued as written evidence of the benefit contract;

  (4)  "Director", the director of the department of commerce and insurance;

  (5)  "Laws", the society's articles of incorporation, constitution and bylaws, however designated;

  (6)  "Lodge", subordinate member units of the society, known as camps, courts, councils, branches or by any other designation;

  (7)  "Premiums", premiums, rates, dues or other required contributions by whatever name known, which are payable under the certificate;

  (8)  "Rules", all rules, regulations or resolutions adopted by the supreme governing body or board of directors which are intended to have general application to the members of the society;

  (9)  "Society", a fraternal benefit society, unless otherwise indicated.

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(L. 1992 S.B. 831)

Effective 1-01-93