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Code · Louisiana · Title 22 — Insurance

RS 22:284

202 words·~1 min read·/la/title-22/22-189

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RS 22:284
§284. General definitions
As used in this Subpart, the following terms shall have the meanings herein given to each unless the context clearly indicates otherwise:
(1)"Benefit contract" means the agreement for provision of benefits authorized by R.S. 22:296, as that agreement is described in R.S. 22:299(A).
(2)"Benefit member" means 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" means the document issued as written evidence of the benefit contract.
(4)"Laws" means the society's articles of incorporation, constitution, and bylaws, however designated.
(5)"Lodge" means subordinate member units of the society, known as camps, courts, councils, branches, or by any other designation.
(6)"Premiums" means premiums, rates, dues, or other required contributions by whatever name known, which are payable under the certificate.
(7)"Rules" means 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.
(8)"Society" means fraternal benefit society.
Acts 1987, No. 470, §1, eff. Jan. 1, 1988; Redesignated from R.S. 22:544 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.
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