LAC 37:XIII.15105 – Definitions | Midpage

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Louisiana Administrative Code

§ 15105

LAC 37:XIII.15105

Definitions

LR 43:2190 (November 2017)Promulgated in accordance with R.S. 22:31(C), 32(B), and 35(C).State of Louisiana

A. For the purposes of this regulation, these terms shall have the meaning ascribed herein unless the context clearly indicates otherwise.
1. Affirmative Action Plan—a document that contains a stated purpose of the insurer to foster equal opportunities for minorities and the delineation of active steps and efforts by the insurer reasonably calculated to achieve the stated purpose.
2. Department—Department of Insurance.
3. Individual—a natural person.
4. Insurer—as defined in R.S. 22:46.
5. Person—any individual, company, insurer, association, organization, reciprocal or inter-insurance exchange, partnership, business, trust, limited liability company, or corporation.

Authority Note

AUTHORITY NOTE: Promulgated in accordance with R.S. 22:31(C), 32(B), and 35(C).

Historical Note

HISTORICAL NOTE: Promulgated by the Department of Insurance, Office of the Commissioner, LR 43:2190 (November 2017).