Browse Arkansas Code titles and sections
23-74-104. Definitions.
Arkansas Code — all titles (historical 2020) · legal_authorities
23-74-104. Definitions.
As used in this chapter:
(1) “Benefit contract” means the agreement for provision of benefits authorized by § 23-74-401, as that agreement is described in § 23-74-404(a);
(2) “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;
(3) “Certificate” means the document issued as written evidence of the benefit contract;
(4) “Laws” means the society's articles of incorporation, constitution, and bylaws, however designated;
(5) “Lodge” means subordinate member units of the society, known as camps, courts, councils, branches, or by any other designations;
(6) “Premiums” means premiums, rates, dues, or other required contributions by whatever name known, which are payable under the certificate;
(7) “Rules” means all rules, regulations, or resolutions:
(A) Adopted by the supreme governing body or board of directors; and
(B) Which are intended to have general application to members of the society; and
(8) “Society” means fraternal benefit society, unless otherwise indicated.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 23-74-104
Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. A text match is a research starting point; applicability is not established.
Issuing source page ↗
Authority boundary: historical statutory source snapshot not current law.
Open the recorded source website ↗
Record provenance
Stable record: arkansas_code:legal_authorities:23-74-104
Source file: gov.ar.code.title.23.odt
Pages: Not recorded – Not recorded
Passage SHA-256: 5f277702cc8547766677fecbd3c241f40f1c93fd501db1e55aa5d15d3c9f7e63
Source location: content.xml paragraph 42641
Stored source content
23-74-104. Definitions.
As used in this chapter:
(1) “Benefit contract” means the agreement for provision of benefits authorized by § 23-74-401, as that agreement is described in § 23-74-404(a);
(2) “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;
(3) “Certificate” means the document issued as written evidence of the benefit contract;
(4) “Laws” means the society's articles of incorporation, constitution, and bylaws, however designated;
(5) “Lodge” means subordinate member units of the society, known as camps, courts, councils, branches, or by any other designations;
(6) “Premiums” means premiums, rates, dues, or other required contributions by whatever name known, which are payable under the certificate;
(7) “Rules” means all rules, regulations, or resolutions:
(A) Adopted by the supreme governing body or board of directors; and
(B) Which are intended to have general application to members of the society; and
(8) “Society” means fraternal benefit society, unless otherwise indicated.
Cross-references
Connections may be documented source relationships, shared citations or nearby passages. Each explains its basis; a connection alone does not establish applicability to your situation.
Arkansas Code — all titles (historical 2020) · legal_authorities
23-74-401. Benefits.
(a) A society may provide the following contractual benefits in any form:
(1) Death benefits;
(2) Endowment benefits;
(3) Annuity benefits;
(4) Temporary or permanent disability benefits;
(5) Hospital, medical, or nursing benefits;
(6) Monument or tombstone benefits to the memory of deceased members; and
(7) Such other benefits as authorized for life insurers and which are not inconsistent with this chapter.
(b) A society shall specify in its rules those persons who may be issued, or covered by, the contractual benefits in subsection (a) of this section, consistent with providing benefits to members and their dependents. A society may provide benefits on the lives of children under the minimum age for adult membership upon application of an adult person.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 23-74-401
Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. The source passage cites 23-74-401. This identifies an authority to review, not proof of applicability.
Arkansas Code — all titles (historical 2020) · legal_authorities
23-74-404. The benefit contract.
(a)(1) Every society authorized to do business in this state shall issue to each owner of a benefit contract a certificate specifying the amount of benefits provided thereby.
(2) The certificate, together with any riders or endorsements attached thereto, the laws of the society, the application for membership, the application for insurance and declaration of insurability, if any, signed by the applicant, and all amendments to each thereof, shall constitute the benefit contract, as of the date of issuance, between the society and the owner, and the certificate shall so state.
(3) A copy of the application for insurance and declaration of insurability, if any, shall be endorsed upon or attached to the certificate.
(4) All statements on the application shall be representations and not warranties.
(5) Any waiver of this provision shall be void.
(b) Any changes, additions, or amendments to the laws of the society, duly made or enacted subsequent to the issuance of the certificate, shall bind the owner and the beneficiaries and shall govern and control the benefit contract in all respects the same as though such charges, additions, or amendments had been made prior to and were in force at the time of the application for insurance, except that no change, addition, or amendment shall destroy or diminish benefits that the society contracted to give the owner as of the date of issuance.
(c) Any person upon whose life a benefit contract is issued prior to attaining the age of majority shall be bound by the terms of the application and certificate and by all the laws and rules of the society to the same extent as though the age of majority had been attained at the time of application.
(d) A society shall provide in its laws that if i
Source: Arkansas Code — historical release 78 (November 6, 2020) · 23-74-404
Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. The source passage cites 23-74-404. This identifies an authority to review, not proof of applicability.