Definition and Citations:
The assessment fund of a mutual benefit association is the balance of the assessments, less expenses, out of which beneficiaries are paid. Kerr v. Ben. Ass’n, 39 Minn. 174. 39 N. W. 312, 12 Am. St. Rep. 631.
The assessment fund of a mutual benefit association is the balance of the assessments, less expenses, out of which beneficiaries are paid. Kerr v. Ben. Ass’n, 39 Minn. 174. 39 N. W. 312, 12 Am. St. Rep. 631.