Iowa Code Title XIII. Commerce [Chs. 505-554D] § 512A.1. Definitions

1. A “benevolent association” shall mean any person, firm, company, partnership, association or corporation, organized to enroll persons as members of a group for the purpose of providing an agency by which persons so enrolled may in the event of the death of any other member of the group make voluntary contributions to be distributed in whole or in part by the benevolent association to the beneficiary of the deceased member, or to members as contribution towards expense incurred by accident or sickness.

2. A “member” shall be any person who participates in a plan or agreement to make voluntary contribution through a benevolent association.

3. “Commissioner” when used in this chapter shall mean the commissioner of insurance.