2011 Missouri Revised Statutes
TITLE XXIV BUSINESS AND FINANCIAL INSTITUTIONS
Chapter 378 Fraternal Benefit Societies
Section 378.604. Definitions.


MO Rev Stat § 378.604. What's This?

Definitions.

378.604. 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 insurance, financial institutions and professional registration;

(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.

(L. 1992 S.B. 831)

Effective 1-1-93

Annotation Copyright Missouri Joint Committee on Legislative Research

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