Section R20-6-1401. Definitions

A.      “The Act” means the Insurance Holding Company Systems Act, A.R.S. §§ 20-481 through 20-481.32.

B.       “Executive officer” means chief executive officer, chief oper- ating officer, chief financial officer, treasurer, secretary, con- troller, and any other individual performing functions corresponding to those performed by the foregoing officers under whatever title.

C.      “Ultimate controlling person” means that person which is not controlled by any other person.

D.      Unless the context otherwise requires, other terms found in these regulations and in A.R.S. § 20-481 are used as defined in the Act. Other nomenclature or terminology is according to Title 20, A.R.S. or industry usage if not defined by Title 20, A.R.S.

Historical Note

Adopted effective February 22, 1993 (Supp. 93-1). R20-

6-1401 recodified from R4-14-1401 (Supp. 95-1).

Amended by exempt rulemaking at 21 A.A.R. 54, effec- tive February 14, 2015 (Supp. 14-4).