Definitions

1. "Board" means the public employees retirement system board created by North Dakota Century Code section 54-52-03. 2. "Commissioner" means the insurance commissioner. 3. "Fiscal year" means a self-insurance health plan's twelve-month fiscal year. 4. "Runoff self-insurance health plan" means a self-insurance health plan that no longer has authority to self-fund but which continues to exist for the purpose of paying claims, preparing reports, and administering transactions associated with the period when the self-insurance health plan provided coverage. 5. "Self-insurance health plan" has the same meaning as provided under North Dakota Century Code section 54-52.1-01. 6. "Service company" means an entity licensed under North Dakota Century Code chapter 26.1-27 as an administrator of an entity licensed under North Dakota Century Code title 26.1 as an insurance company, health maintenance organization, or nonprofit health service corporation.