Section 58-47-1 - DefinitionsTerms used in this chapter mean:
(1) "Customer," any person who purchases portable electronics;(2) "Enrolled customer," any customer who elects coverage under a portable electronics insurance policy issued to a vendor of portable electronics;(3) "Location," any physical location in the state or any website, call center site, or similar location directed to residents of this state;(4) "Portable electronics," electronic devices and their accessories that are easily carried by a person;(5) "Portable electronics transaction," the sale or lease of portable electronics by a vendor to a customer, or the sale of a service related to the use of portable electronics by a vendor to a customer;(6) "Supervising entity," any licensed insurer, licensed business entity, or licensed insurance producer that is appointed by an insurer to supervise the administration of a portable electronics insurance program;(7) "Vendor," any person in the business of engaging in portable electronics transactions directly or indirectly.SL 2012, ch 251, §1; SL 2017, ch 215, §1.Amended by S.L. 2017, ch. 215,s. 1, eff. 7/1/2017.