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Current as of January 01, 2024 | Updated by Findlaw Staff
In this chapter:
(1) “Benefit certificate” means a document issued as written evidence of a benefit contract.
(2) “Benefit contract” means an agreement for provision of benefits authorized by Section 885.301, as that agreement is described by Section 885.306.
(3) “Benefit member” means an adult designated by the laws or rules of a fraternal benefit society as a benefit member under a benefit contract.
(4) “Fraternal benefit society's laws” means a fraternal benefit society's articles of incorporation, constitution, and bylaws, however designated.
(5) “Lodge” means a subordinate member unit of a fraternal benefit society. The term includes a camp, court, council, or branch.
(6) “Premium” means a premium, a rate, dues, or another required contribution that is payable under a benefit certificate or benefit contract.
(7) “Rule” means a rule, regulation, or resolution adopted by the supreme governing body or board of directors that has general application to the members of a fraternal benefit society.
Cite this article: FindLaw.com - Texas Insurance Code - INS § 885.001. Definitions - last updated January 01, 2024 | https://codes.findlaw.com/tx/insurance-code/ins-sect-885-001/
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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