(1)  Any member may designate as beneficiary any person permitted by the laws of the fraternal. Those laws shall allow the designation of the member’s estate as beneficiary.

Terms Used In Utah Code 31A-22-904

  • Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
  • Member: means a person having membership rights in an insurance corporation. See Utah Code 31A-1-301
  • Person: includes :
(a) an individual;
(b) a partnership;
(c) a corporation;
(d) an incorporated or unincorporated association;
(e) a joint stock company;
(f) a trust;
(g) a limited liability company;
(h) a reciprocal;
(i) a syndicate; or
(j) another similar entity or combination of entities acting in concert. See Utah Code 31A-1-301
(2)  Subject to Subsection (1), Section 31A-22-413 applies.

Enacted by Chapter 242, 1985 General Session