1. (1) "Class" means all securities of an insurer that:

   1. (a) are of substantially similar character; and
   2. (b) provide substantially similar rights and privileges to the security holders.
2. (2) "Insurer," for purposes of this rule, means a domestic stock insurance company with an equity security subject to Section 31A-5-303.

3. (3) "Officer" means:

   1. (a) a president;
   2. (b) a vice president;
   3. (c) a treasurer;
   4. (d) an actuary;
   5. (e) a secretary;
   6. (f) a controller; or
   7. (g) any other person who performs a similar policy-making function for an insurer.

Terms used in this rule are defined in Sections 31A-1-301 and 31A-5-303. Additional terms are defined as follows:

KEY: insurance law

Date of Last Change: June 9, 2023

Notice of Continuation: April 1, 2022

Authorizing, and Implemented or Interpreted Law: 31A-2-201; 31A-5-303