certificate of membership
- certificate of membership
-
Sometimes called a benefit certificate, issued to a member of a mutual benefit society, constituting the contract between him and the corporation, but construed and governed by its charter constitution, and bylaws.
The certificate is in effect a policy of life insur ance, albeit of a distinctive character. Supreme Council Catholic Knights of America v Densford, 21 Ky LR 1574, 56 SW 172. Certificates are also used to represent membership in fraternal orders, social clubs, and various societies organized for charitable purposes.
Ballentine's law dictionary.
Anderson, W.S..
1998.
Look at other dictionaries:
membership certificate — See certificate of membership … Ballentine's law dictionary
certificate of participation — 1. : a certificate issued by some forms of investment trust evidencing a proportionate equitable interest of the holder in securities held by the issuing concern 2. : a certificate of membership in a pension plan issued by the trustee who holds… … Useful english dictionary
certificate of mutual benefit society — See certificate of membership … Ballentine's law dictionary
Certificate of Degree of Indian Blood — A Certificate of Degree of Indian Blood or Certificate of Degree of Alaska Native Blood (both abbreviated CDIB) is an official U.S. document that certifies an individual possesses a specific degree of Native American blood of a federally… … Wikipedia
Certificate in Investment Performance Measurement - CIPM — A certificate which signifies competency in the area of evaluating the investment performance of investment firms. The Certificate in Investment Performance Measurement is issued by the Chartered Financial Analyst Institute and requires… … Investment dictionary
Certificate of identity — A certificate of identity, sometimes called an alien s passport, is a travel document issued by states to stateless persons residing within their borders and foreign nationals who are unable to obtain a passport from their state of nationality.… … Wikipedia
Certificate (complexity) — In computational complexity theory, a certificate (also called a witness) is a string that certifies the answer to a computation, or certifies the membership of some string in a language. A certificate is often thought of as a solution path… … Wikipedia
membership — A condition or status of being a member. In reference to a building and loan association, a matter of contract and ordinarily acquired by taking and holding stock, such being evidenced by the issuance and delivery of a certificate or certificates … Ballentine's law dictionary
exchange certificate — A certificate of membership in a stock or commodity exchange. Anno: 44 ALR2d 947, § 16 … Ballentine's law dictionary
mutual benefit certificate — See certificate of membership … Ballentine's law dictionary
