WAC 284-38-010. Definitions

The definitions in this section apply throughout this chapter: "Certificate holder" means any insurer or educational, religious, charitable, or scientific institution that has been issued a certificate of exemption by the commissioner to conduct a charitable gift annuity business. "Complete filing" means a package of information containing charitable gift annuity contracts, supporting information, documents and exhibits submitted to the commissioner electronically using the system for electronic rate and form filing (SERFF). "Contract" means a charitable gift annuity contract as described in chapter 48.38 RCW. "Date filed" means the date a complete charitable gift annuity contract filing has been received and accepted by the commissioner. "Filer" means a person, organization, or other entity that files charitable gift annuity contracts with the commissioner. "Objection letter" means correspondence sent by the commissioner to the filer that: (a) Requests clarification, documentation or other information; (b) Explains errors or omissions in the filing; or (c) Disapproves a charitable gift annuity contract under RCW 48.38.010 (9), 48.18.110 , 48.38.030 , or 48.38.042 . "SERFF" means the system for electronic rate and form filing. SERFF is a proprietary National Association of Insurance Commissioners (NAIC) computer-based application that allows filers to create and submit rate, rule, and form filings electronically to the commissioner. "Unrestricted net assets" also means "net assets without donor restrictions."