LegalFix
Sign In

§ 58-37A-4 Definition of terms.

SD Codified L § 58-37A-4 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

58-37A-4. Definition of terms. Terms used in this chapter mean:

(1) "Benefit contract," the agreement for provision of benefits authorized by § 58-37A-16, as that agreement is described in § 58-37A-19;

(2) "Benefit member," any adult member who is designated by the laws or rules of the society to be a benefit member under a benefit contract;

(3) "Certificate," the document issued as written evidence of the benefit contract;

(4) "Laws," the society's articles of incorporation, constitution, and bylaws, however designated;

(5) "Lodge," subordinate member units of the society, known as camps, courts, councils, branches, or by any other designation;

(6) "Premiums," premiums, rates, dues, or other required contributions by whatever name known, which are payable under the certificate;

(7) "Rules," 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;

(8) "Society," fraternal benefit society, unless otherwise indicated.Source: SL 1990, ch 410, § 4.

Previous Section
§ 58-37A-3 Representative form of government determined.
Next Section
§ 58-37A-5 Benefits and purposes of society--Power to adopt laws and rules for governing the society.