Terms Used In Iowa Code 512B.2

  • Contract: A legal written agreement that becomes binding when signed.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • state: when applied to the different parts of the United States, includes the District of Columbia and the territories, and the words "United States" may include the said district and territories. See Iowa Code 4.1
512B.2 Definitions.
As used in this chapter, unless the context otherwise requires:
1. “”Alien society”” means an association organized under the laws of another country.
2. “”Benefit contract”” means the agreement for provision of benefits authorized by section
512B.16, as that agreement is described in § 512B.19, subsection 1.
3. “”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.
4. “”Certificate”” means the document issued as written evidence of the benefit contract.
5. “”Commissioner”” means the commissioner of insurance or the commissioner’s designee.
6. “”Domestic society”” means an association organized under the laws of this state.
7. “”Foreign society”” means an association organized under the laws of another state or territory of the United States.
8. “”Laws”” means the society’s articles of incorporation, constitution, and bylaws, however designated.
9. “”Lodge”” means a subordinate member unit of the society, whether known as a camp, court, council, branch, or by any other designation.
10. “”Premium”” means a premium, rate, dues, or other required contribution by whatever name known, which is payable under the certificate.
11. “”Regulations”” means all 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.
12. “”Society”” means a fraternal benefit society, unless otherwise indicated.
90 Acts, ch 1148, §2