mutual relief association

mutual relief association
An insurer, chartered under a designated statute, having no capital stock, having relief funds created and sustained by assessments made upon the members, which files reports with insurance commissioner evidencing that it is not conducted for profit of its officers. State v. Texas Mut. Life Ins. Co. of Texas, Tex.Civ.App., 51 S.W.2d 405, 412

Black's law dictionary. . 1990.

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