As used in this chapter:

1. (1) "Hiring party" means a person who hires or enters into a contract with an independent contractor.
2. (2) "Independent contractor" means the same as that term is defined in Section 34A-2-103.

3. (3) "Portable benefit plan" means a group that:

   1. (a) offers an insurance product regulated by:

      1. (i) Title 31A, Insurance Code; or
      2. (ii) Title 35A, Chapter 4, Employment Security Act; and
   2. (b) is assigned to an individual beneficiary and is not associated with a specific employer or hiring party.

Enacted by Chapter 517, 2023 General Session