(a) A "membership contract" is a certificate, policy, membership agreement, by whatever name called, or a promise or agreement, of a benevolent association with any or all of its members, whereby money or other benefit, charity, aid, or relief is to be paid, provided, or rendered by the association upon the decease of a member to the legal representatives of the member, or to the beneficiary or beneficiaries designated by the member.
(b) There shall be one contributing member for each membership contract, but a membership contract may cover more than one individual.
Section: Previous 21.72.050 21.72.060 21.72.070 21.72.080 21.72.090 21.72.100 21.72.110 21.72.120 21.72.125 21.72.130 21.72.140 21.72.150 21.72.160 21.72.170 NextLast modified: November 15, 2016