§27-13.1-2  Definitions. –

Published: 2015

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CHAPTER 27-13.1


SECTION 27-13.1-2

   § 27-13.1-2  Definitions. –

The following terms, as used in this chapter, shall have the respective

meanings hereinafter set forth:

   (1) "Company" means a person engaging in or proposing or

attempting to engage in any transaction or kind of insurance or surety business

and any person or group of persons who may otherwise be subject to the

administrative, regulatory or taxing authority of the director;

   (2) "Department" means the department of business regulation;

   (3) "Director" means the director of the department of

business regulation of this state or his or her designee;

   (4) "Examiner" means an individual or firm having been

authorized by the director to conduct an examination or financial analysis

under this chapter;

   (5) "Insurer" means any insurance company doing business in

this state; and

   (6) "Person" means an individual, aggregation of individuals,

trust, association, partnership or corporation, or any affiliate thereof.

History of Section.

(P.L. 1992, ch. 445, § 1; P.L. 2009, ch. 301, § 1; P.L. 2009, ch.

302, § 1.)