Arkansas § 25-35-102 Definitions

Arkansas Statutes

§ 25-35-102 — Definitions

For the purposes of this chapter:

(1)"Annual aggregate deductible" means the maximum amount payable annually from the Arkansas Multi-Agency Insurance Trust Fund for covered losses;

(2)"Insurance Commissioner" means the Insurance Commissioner of the State Insurance Department or the commissioner's successor;

(3)"Risk manager" means the Administrator of the Risk Management Division of the State Insurance Department;

(4)"State agency" means any state agency, board, bureau, commission, council, department, institution, or other similar entity; and (5) "Trust fund" means the Arkansas Multi-Agency Insurance Trust Fund.

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For the purposes of this chapter: (1) "Annual aggregate deductible" means the maximum amount payable annually from the Arkansas Multi-Agency Insurance Trust Fund for covered losses; (2) "Insurance Commissioner" means the Insurance Commissioner of the State Insurance Department or the commissioner's successor; (3) "Risk manager" means the Administrator of the Risk Management Division of the State Insurance Department; (4) "State agency" means any state agency, board, bureau, commission, council, department, institution, or other similar entity; and (5) "Trust fund" means the Arkansas Multi-Agency Insurance Trust Fund.

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