(Section scheduled to be repealed on January 1, 2027)

221 words·~1 min read·/il/chapter-215/act-5/1-102

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

Sec. 285.1. Definitions. Whenever used in this amendatory Act:

(a)"Benefit contract" shall mean the agreement for provision of benefits authorized by Section 297.1 of this amendatory Act as that agreement is described in Section 300.1 of this amendatory Act;

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

(c)"Certificate" shall mean the document issued as written evidence of the benefit contract;

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

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

(f)"Life insurer" shall mean an insurance company authorized to transact in this State the insurance business classified as Class 1, Clause

(a)or

(b)in Section 4 of this Code;

(g)"Rules" shall mean 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;

(h)"Society" shall mean fraternal benefit society, unless otherwise indicated; and

(i)"Lodge" shall mean subordinate member units of the society, known as camps, courts, councils, branches or by any other designation.