Unless the context otherwise requires, terms found in this regulation are used as defined in Code of Ala. 1975, §27-22A-1(2012). The following terms are defined for purposes of this regulation:

1. (a) LARGE VENDOR. A vendor with more than 10 locations in Alabama.
2. (b) LICENSEE. A portable electronics insurance vendor licensed in accordance with this regulation.
3. (c) SMALL VENDOR. A vendor with 10 or fewer locations in Authority: Commissioner of Insurance

Statutory Authority: Code of Ala. 1975, §§27-2-17, 27-22A-7.

History: New Rule: July 29, 2013; effective August 8, 2013. Filed with LRS July 29, 2013. Rule is not subject to the Alabama Administrative Procedure Act.