Utah Admin. Code 590-68-3

Current through Bulletin 2024-24, December 15, 2024

Section R590-68-3 - Definitions

Terms used in this rule are defined in Sections 31A-1-301 and 31A-5-303. Additional terms are defined as follows:

(1) "Class" means all securities of an insurer that:

(a) are of substantially similar character; and

(b) provide substantially similar rights and privileges to the security holders.

(2) "Insurer," for purposes of this rule, means a domestic stock insurance company with an equity security subject to Section 31A-5-303.

(3) "Officer" means:

(a) a president;

(b) a vice president;

(c) a treasurer;

(d) an actuary;

(e) a secretary;

(f) a controller; or

(g) any other person who performs a similar policy-making function for an insurer.

Utah Admin. Code R590-68-3

Adopted by Utah State Bulletin Number 2023-12, effective 6/9/2023