fraternal benefit society benefits
Benefits, often group life insurance, fraternal societies provide to their members. The Elks, Masons, or Knights of Columbus are common fraternal societies that provide benefits. Also called benefit society, benevolent society, or mutual aid association benefits. Under bankruptcy laws, these benefits are virtually always considered exempt property
Category: Bankruptcy, Foreclosure & Debt → Bankruptcy

Nolo’s Plain-English Law Dictionary. . 2009.

Look at other dictionaries:

  • fraternal benefit association — n. An organization whose members either belong to the same professional field or who are working toward the same goal that exists to promote a common cause and assist its members with benefits for death, injury, or illness; also called a… …   Law dictionary

  • Benefit society — A benefit society or mutual aid society is an organization or voluntary association formed to provide mutual aid, benefit or insurance for relief from sundry difficulties. Such organizations may be formally organized with charters and established …   Wikipedia

  • fraternal beneficial society — A mutual benefit society. As defined by statute in one jurisdiction, a corporation, society, or voluntary association, organized and carried on for the sole benefit of its members, and their beneficiaries, and not for profit, and in which the… …   Ballentine's law dictionary

  • fraternal benefit association or society — One whose members have adopted the same, or a very similar, calling, avocation, or profession, or who are working in unison to accomplish some worthy object, and who for that reason have joined themselves together as an association or society to… …   Black's law dictionary

  • fraternal benefit association or society — One whose members have adopted the same, or a very similar, calling, avocation, or profession, or who are working in unison to accomplish some worthy object, and who for that reason have joined themselves together as an association or society to… …   Black's law dictionary

  • benevolent society benefits — See: fraternal benefit society benefits Category: Bankruptcy, Foreclosure & Debt → Bankruptcy Nolo’s Plain English Law Dictionary. Gerald N. Hill, Kathleen Thompson Hill. 2009 …   Law dictionary

  • Fraternal Order of Eagles — Infobox Non profit Non profit name = Fraternal Order of Eagles Non profit Non profit type = founded date = February 6, 1898 founder = John Cort, John W. Considine, Tim J. Considine, Harry (H.L.) Leavitt, Mose Goldsmith, and Arthur Williams… …   Wikipedia

  • benefit — Advantage; profit; fruit; privilege; gain; interest. The receiving as the exchange for promise some performance or forbearance which promisor was not previously entitled to receive. Graphic Arts Finishers, Inc. v. Boston Redevelopment Authority,… …   Black's law dictionary

  • benefit — Advantage; profit; fruit; privilege; gain; interest. The receiving as the exchange for promise some performance or forbearance which promisor was not previously entitled to receive. Graphic Arts Finishers, Inc. v. Boston Redevelopment Authority,… …   Black's law dictionary

  • Modern Woodmen of America — Membership dues receipt circa 1923 Modern Woodmen of America is the third largest (based on assets) fraternal benefit society, with more than 750,000 members.[1] Total assets passed US $9 billion in 2009 …   Wikipedia

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