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§ 59a-44-4 — New Mexico Law | CourtGPT
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  5. Article 44 - Fraternal Benefit Societies/
  6. § 59a-44-4
New Mexico Legal Code

§ 59a-44-4

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As used in Chapter 59A, Article 44 NMSA 1978: A. 'benefit contract' means the agreement as described in Subsection A of Section 59A-44-19 NMSA 1978; B. '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; C. 'certificate' means a contract which sets forth the insurance benefits as authorized by Section 59A-44-16 NMSA 1978, to whom benefits are payable, the insuring provisions and the terms and conditions of the certificate; D. 'law' means the society's articles of incorporation, constitution and bylaws, however designated; E. 'lodge' means subordinate member units of the society, known as camps, courts, councils, branches or by any other designation; F. 'premium' means premiums, rates, dues, certificate fees or other required contributions by whatever name known, which are payable under the certificate; G. 'rule' means all rules, 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; and H. 'society' means a fraternal benefit society, unless otherwise indicated.

reme governing body or board of directors which are intended to have general application to the members of the society; and H. 'society' means a fraternal benefit society, unless otherwise indicated. History: 1978 Comp., § 59A-44-4, enacted by Laws 1989, ch. 388, § 4. ANNOTATIONSRepeals and reenactments. — Laws 1989, ch. 388, § 4, repealed 59A-44-4 NMSA 1978, as enacted by Laws 1984, ch. 127, § 789, relating to organization, and enacted a new section, effective January 1, 1990.