512B.2 Definitions.
As used in this chapter, unless the context otherwise requires:
1. “Alien society” means an association organized under the laws of another country.
2. “Benefit contract” means the agreement for provision of benefits authorized by section 512B.16, as that agreement is described in section 512B.19, subsection 1.
3. “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.
4. “Certificate” means the document issued as written evidence of the benefit contract.
5. “Commissioner” means the commissioner of insurance or the commissioner’s designee.
6. “Domestic society” means an association organized under the laws of this state.
7. “Foreign society” means an association organized under the laws of another state or territory of the United States.
8. “Laws” means the society’s articles of incorporation, constitution, and bylaws, however designated.
9. “Lodge” means a subordinate member unit of the society, whether known as a camp, court, council, branch, or by any other designation.
10. “Premium” means a premium, rate, dues, or other required contribution by whatever name known, which is payable under the certificate.
11. “Regulations” means all 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.
12. “Society” means a fraternal benefit society, unless otherwise indicated.
90 Acts, ch 1148, §2
Structure Iowa Code
Chapter 512B - FRATERNAL BENEFIT SOCIETIES
Section 512B.1 - Scope of chapter.
Section 512B.3 - Fraternal benefit societies — defined.
Section 512B.4 - Lodge system.
Section 512B.5 - Representative form of government.
Section 512B.6 - Purposes and powers.
Section 512B.7 - Qualifications for membership.
Section 512B.8 - Location of office, meetings, communications to members, grievance procedures.
Section 512B.9 - Personal liability.
Section 512B.11 - Organization.
Section 512B.12 - Amendments to laws.
Section 512B.13 - Institutions.
Section 512B.14 - Reinsurance.
Section 512B.15 - Consolidations and mergers.
Section 512B.15A - Conversion of fraternal benefit society into a mutual life insurance company.
Section 512B.17 - Beneficiaries.
Section 512B.18 - Benefits not attachable.
Section 512B.19 - The benefit contract.
Section 512B.21 - Investments.
Section 512B.21A - Required reserves.
Section 512B.25 - Annual license — renewal.
Section 512B.26 - Examination of societies — no adverse publications.
Section 512B.27 - Foreign or alien society — admission.
Section 512B.28 - Injunction — liquidation — receivership of domestic society.
Section 512B.29 - Suspension, revocation, or refusal of license of foreign or alien society.
Section 512B.31 - Licensing of agents.
Section 512B.32 - Unfair methods of competition and unfair and deceptive acts and practices.
Section 512B.33 - Service of process.