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.