(1) Any owner may designate as beneficiary any person permitted by the laws of the fraternal. Those laws shall authorize the designation of the estate of a member or insured employee as beneficiary.
(2) Subject to sub. (1), s. 632.48 applies.
Beneficiaries in fraternal contracts
1975 c. 373, 421; 1989 a. 336; 1997 a. 177.
(1) Any owner may designate as beneficiary any person permitted by the laws of the fraternal. Those laws shall authorize the designation of the estate of a member or insured employee as beneficiary.
(2) Subject to sub. (1), s. 632.48 applies.
Official source: Wisconsin State Legislature. Reproduced from public-domain Wisconsin statutes; confirm against the official source for the current text. Not legal advice.