For the purposes of this subchapter, the following terms
shall have the following meanings:
(1) "Executive officer" means 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.
(2) "Foreign insurer" shall include an alien insurer, except where
clearly noted otherwise.
(3) "Ultimate controlling person" means that person which is not
controlled by any other person.
the context otherwise requires, other terms found in these rules are used as
defined in 33-1-201, 33-1-202, and 33-1-1101, MCA. Other nomenclature or
terminology is according to the Montana insurance code, or industry usage if
not defined by the code.
History: Sec. 33-1-313 and 33-2-1517, MCA; IMP, Sec. 33-2-1517, MCA; NEW, 1993 MAR p. 2408, Eff. 10/15/93.