Terms Used In Vermont Statutes Title 8 Sec. 4482

  • 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
  • Society: means a fraternal benefit society. See

§ 4482. Waiver

The constitution and laws of the society may provide that no subordinate body, nor any of its subordinate officers or members, shall have the power or authority to waive any of the provisions of the laws and constitution of the society. The provision shall be binding on the society and every member and beneficiary of a member. (Added 1959, No. 197, § 22, eff. Nov. 22, 1959.)

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