The definitions in this section apply throughout this chapter unless the context clearly requires otherwise.
- (1) "Appointing insurer" means the insurer appointing the vendor as its agent under a specialty producer license.
- (2) "Customer" means a person that enters into a portable electronics transaction with a vendor.
- (3) "Federal securities law" means the securities act of 1933, the securities exchange act of 1934, and the investment company act of 1940.
- (4) "Location" means any physical locale in this state and any website, call center site, or similar site directed to residents of this state.
- (5) "Portable electronics" means personal, self-contained, easily carried by an individual, battery-operated electronic communication, viewing, listening, recording, gaming, computing or global positioning devices and other similar devices and their accessories, and service related to the use of such devices.
- (6) "Portable electronics insurance program" means an insurance program as described in RCW 48.120.015.
- (7) "Portable electronics transaction" means the sale or lease of portable electronics or the sale of a service related to the use of portable electronics by a vendor to a customer.
- (8) "Specialty producer license" means a license issued under RCW 48.120.010 that authorizes a vendor to offer or sell insurance as provided in RCW 48.120.015.
- (9) "Supervising person" means a licensed insurer or an appointed insurance producer licensed under RCW 48.17.090 who provides training as described in RCW 48.120.020 and is appointed by an insurer to supervise the administration of a portable electronics insurance program.
- (10) "Vendor" means a person in the business of, directly or indirectly, engaging in portable electronics transactions.
[ 2012 c 154 s 1; 2008 c 217 s 94; 2002 c 357 s 1.]
Notes:
Reviser's note: The definitions in this section have been alphabetized pursuant to RCW 1.08.015(2)(k).
Severability—Effective date—2008 c 217: See notes following RCW 48.03.020.