certificate of mutual benefit society

certificate of mutual benefit society
See certificate of membership.

Ballentine's law dictionary. . 1998.

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  • 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… …   Ballentine's law dictionary

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  • immediate family — As the word appears in a mutual benefit certificate or in the rules and regulations of a mutual benefit society: those members of the same household to which the insured belongs who are bound together by ties of relationship, such as one s… …   Ballentine's law dictionary

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  • heirs at law — Essentially the same as the more simple term heirs. Mullen v Reed, 64 Conn 240, 29 A 478. Sometimes construed as words of purchase. 28 Am J2d Est § 118. Designation of beneficiaries of contract or certificate issued by a mutual benefit society:… …   Ballentine's law dictionary

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