La. Admin. Code tit. 37 § XIII-105

Current through Register Vol. 50, No. 11, November 20, 2024
Section XIII-105 - Definitions
A. For purposes of this Rule, the definitions detailed below shall apply.

Executive Officer-chief executive officer, chief operating officer, chief financial officer, treasurer, secretary, controller, and any other individual performing functions corresponding to those performed by the foregoing officers under whatever title.

The Act-the Insurance Holding Company System Regulatory Act (R.S. 22:691.1-691.27).

Ultimate Controlling Person-that person or persons who is not controlled by any other person. Person shall be defined pursuant to R.S. 22:691.2(7).

B. Unless the context otherwise requires, other terms found in this regulation and in R.S. 22:691.2 are used as defined in the Act. Other nomenclature or terminology is according to the Insurance Code, or industry usage if not defined by the Code.

La. Admin. Code tit. 37, § XIII-105

Promulgated by the Department of Insurance, Commissioner of Insurance, LR 18:274 (March 1992), amended LR 19:501 (April 1993), amended by the Office of the Commissioner, LR 41:1295 (July 2015), Amended by the Office of the Commissioner, LR 421933 (11/1/2016).
AUTHORITY NOTE: Promulgated in accordance with R.S. 22:691.1-691.27.