Alabama Administrative Code
Title 482 - ALABAMA DEPARTMENT OF INSURANCE
Chapter 482-1-153 - PORTABLE ELECTRONICS INSURANCE VENDORS
Section 482-1-153-.02 - Definitions
Universal Citation: AL Admin Code R 482-1-153-.02
Current through Register Vol. 42, No. 11, August 30, 2024
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:
(a) LARGE VENDOR. A vendor with more than 10 locations in Alabama.
(b) LICENSEE. A portable electronics insurance vendor licensed in accordance with this regulation.
(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.
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