§ 36-6413. Definitions.  


Latest version.
  • As used in the Market Assistance Association Act:

    1.  "Association" means the Market Assistance Association established pursuant to this act;

    2.  "Board" means the Board of Directors of the Market Assistance Association;

    3.  "Commissioner" means the Insurance Commissioner;

    4.  "Insurer" means any entity licensed to issue homeowners' or liability insurance; and

    5.  "Member" means all property and casualty insurers licensed in the State of Oklahoma or writing homeowners' or liability insurance in the state required to be a participant in the Association as a condition of doing business in Oklahoma.

Added by Laws 1986, c. 251, § 46, emerg. eff. June 13, 1986.