Current with legislation from 2024 Fiscal and Special Sessions.
Section 25-35-102 - DefinitionsFor the purposes of this chapter:
(1) "Annual aggregate deductible" means the maximum amount payable annually from the Arkansas Multi-Agency Insurance Trust Fund for covered losses;(2) "Insurance Commissioner" means the Insurance Commissioner of the State Insurance Department or the commissioner's successor;(3) "Risk manager" means the Administrator of the Risk Management Division of the State Insurance Department;(4) "State agency" means any state agency, board, bureau, commission, council, department, institution, or other similar entity; and(5) "Trust fund" means the Arkansas Multi-Agency Insurance Trust Fund.Acts 2003, No. 1762, § 1.