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Current as of January 01, 2024 | Updated by Findlaw Staff
A “benevolent society” is a domestic corporation, association, or society which operates on the voluntary assessment or contribution plan for the sole purpose of providing, through assessments of its members, for the payment of a death benefit to the beneficiary of a deceased member.
Cite this article: FindLaw.com - North Dakota Century Code Title 26.1. Insurance § 26.1-16-01. Benevolent society defined - last updated January 01, 2024 | https://codes.findlaw.com/nd/title-26-1-insurance/nd-cent-code-sect-26-1-16-01/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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