Learn About the Law
Get help with your legal needs
FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.
Current as of January 01, 2024 | Updated by FindLaw Staff
As used in Chapter 59A, Article 44 NMSA 1978:
A. “benefit contract” means the agreement as described in Subsection A of Section 59A-44-19 NMSA 1978;
B. “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;
C. “certificate” means a contract which sets forth the insurance benefits as authorized by Section 59A-44-16 NMSA 1978, to whom benefits are payable, the insuring provisions and the terms and conditions of the certificate;
D. “law” means the society's articles of incorporation, constitution and bylaws, however designated;
E. “lodge” means subordinate member units of the society, known as camps, courts, councils, branches or by any other designation;
F. “premium” means premiums, rates, dues, certificate fees or other required contributions by whatever name known, which are payable under the certificate;
G. “rule” 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; and
H. “society” means a fraternal benefit society, unless otherwise indicated.
Cite this article: FindLaw.com - New Mexico Statutes Chapter 59A. Insurance Code § 59A-44-4. Definitions - last updated January 01, 2024 | https://codes.findlaw.com/nm/chapter-59a-insurance-code/nm-st-sect-59a-44-4/
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 or via Westlaw before relying on it for your legal needs.
A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw's Learn About the Law.
Get help with your legal needs
FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.
Search our directory by legal issue
Enter information in one or both fields (Required)