Official Code of Georgia Annotated
Title 33. INSURANCE · Chapter 15. FRATERNAL BENEFIT SOCIETIES · Article 1. ORGANIZATION AND GOVERNANCE; DEFINITIONS
33-15-4. Definitions.
Current through: Including Acts of the 2025 Regular Session of the General Assembly.
As used in this chapter, the term:
- (1)
‘‘Benefit contract’’ means the agreement for provision of benefits authorized by Code Section 33-15-60, as that agreement is described in subsection (a) of Code Section 33-15-63.#
- (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, charter, 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, unless otherwise indicated.#
History
Code 1981, § 33-15-4, enacted by Ga. L. 1993, p. 1744, § 1.
Read the official page (the state's PDF, opened at the page this text was read from).
Current through: Including Acts of the 2025 Regular Session of the General Assembly.
Text read from t33-ch1-22-(v24)-2020-pdf.pdf, Volume V24, 2020 edition, page 726; merge action: carried; file SHA-256 4ecec175d949.