§36-1202. Definitions.
124 words·~1 min read·
/ok/title-36-insurance/36-1202·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
When used in this article:
1. “Person” shall mean any individual, corporation, association, partnership, reciprocal exchange, inter-insurer, Lloyd’s insurer, Lloyd’s Name, Lloyd’s Syndicate Name, fraternal benefit society, and any other legal entity engaged in the business of insurance, including agents, brokers, adjusters, and prepaid vision plan organizations and insurers;
2. “Commissioner” shall mean the Insurance Commissioner of this state; and
3. “Name” shall mean any individual or corporate entity underwriting insurance for their own account through the Lloyd’s of London market and any agents or employees of any such individual or corporate entity. Added by Laws 1957, p. 260, § 1202. Amended by Laws 1996, c. 246, § 1, eff. July 1, 1996; Laws 2024, c. 360, § 15, emerg. eff. May 30, 2024.