§ 378.604 — Definitions.

Missouri § 378.604

• Jurisdiction: Missouri
• Title XXIV: BUSINESS AND FINANCIAL INSTITUTIONS
• Ch. 378: Fraternal Benefit Societies

Text

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.

Legislative History

(L. 1992 S.B. 831) Effective 1-01-93