Louisiana Administrative Code
Title 37 - INSURANCE Part
Part XIII - Regulations
Chapter 1 - Regulation Number 31-Holding Company
Section XIII-105 - Definitions
Current through Register Vol. 50, No. 9, September 20, 2024
A. For purposes of this Rule, the definitions detailed below shall apply.
Executive Officer-chief executive officer, chief operating officer, chief financial officer, treasurer, secretary, controller, and any other individual performing functions corresponding to those performed by the foregoing officers under whatever title.
The Act-the Insurance Holding Company System Regulatory Act (R.S. 22:691.1-691.27).
Ultimate Controlling Person-that person or persons who is not controlled by any other person. Person shall be defined pursuant to R.S. 22:691.2(7).
B. Unless the context otherwise requires, other terms found in this regulation and in R.S. 22:691.2 are used as defined in the Act. Other nomenclature or terminology is according to the Insurance Code, or industry usage if not defined by the Code.
AUTHORITY NOTE: Promulgated in accordance with R.S. 22:691.1-691.27.
