Code of Alabama |
Match Context and Document information |
URL: | http://alisondb.legislature.state.al.us/alison/CodeOfAlabama /1975/27-34-1.htm |
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Depth: | 0 singles |
Size: | 1,291 bytes |
Modified: | 2015-07-22 12:29:50 |
Categories: | -None- |
Title: | 27-34-1 |
Description: | -None- |
Keywords: | -None- |
Meta data: | -None- |
Body: | Section 27-34-1 Definitions. For the purposes of this chapter, the following terms shall have the meanings respectively ascribed to them by this section: (1) FRATERNAL BENEFIT SOCIETY. Any incorporated society, order, or supreme lodge without capital stock, including one exempted under the provisions of subdivision (a) (3) of Section 27-34-5, whether incorporated or not, conducted solely for the benefit of its members and their beneficiaries and not for profit, operated on a lodge system with ritualistic form of work, having a representative form of government and which makes provision for the payment of benefits in accordance with this chapter is hereby declared to be a fraternal benefit society. (2) SOCIETY. Such term, unless otherwise indicated, means a fraternal benefit society. (3) PREMIUMS. Premiums, rates, or other required contributions by whatever name known. (Acts 1911, No. 476, p. 700; Acts 1971, No. 407, p. 707, ยงยง672, 703.) |