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§ 8-401. Definitions

West's Annotated Code of MarylandInsurance

West's Annotated Code of Maryland
Insurance (Refs & Annos)
Title 8. Entities that Act as Insurers
Subtitle 4. Fraternal Benefit Societies (Refs & Annos)
Part I. Definitions; General Provisions
MD Code, Insurance, § 8-401
§ 8-401. Definitions
In general
(a) In this subtitle the following words have the meanings indicated.
Benefit contract
(b) “Benefit contract” means the agreement for provision of benefits authorized by § 8-432 of this subtitle.
Benefit member
(c) “Benefit member” means an adult member who is designated by the laws or rules of a society to be a benefit member under a benefit contract.
Certificate
(d) “Certificate” means the document issued as written evidence of a benefit contract.
Laws
(e) “Laws” means a society's articles of incorporation, constitution, and bylaws, however designated.
Lodge
(f) “Lodge” means subordinate member units of a society, known as camps, courts, councils, branches, or by any other designation.
Premiums
(g) “Premiums” means premiums, rates, dues, or other required contributions by whatever name known that are payable under a certificate.
Rules
(h) “Rules” means all rules, regulations, or resolutions adopted by the supreme governing body or board of directors of a society which are intended to have general application to the members of the society.
Society
(i) Unless the context requires otherwise, “society” means fraternal benefit society.

Credits

Added by Acts 1995, c. 36, § 1, eff. Oct. 1, 1997. Amended by Acts 1997, c. 183, § 1, eff. Jan. 1, 1998; Acts 2001, c. 731, §§ 1, 2, eff. July 2, 2001.
Formerly Art. 48A, §§ 302, 344B.
MD Code, Insurance, § 8-401, MD INSURANCE § 8-401
Current through legislation effective through April 9, 2023, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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