New Jersey Statutes 17:44B-9. Waiver of society’s laws by subordinates prohibited
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Terms Used In New Jersey Statutes 17:44B-9
- Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
9. The laws of the society may provide that no subordinate body, nor any of its subordinate officers or members, shall have the power or authority to waive any of the provisions of the laws of the society. This provision shall be binding on the society and every member and beneficiary of a member.
L.1997,c.322,s.9.