| | | 4.__Commission.__"Commission" means the Interstate Insurance | | Product Regulation Commission established by the compact. |
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| | | 5.__Commissioner.__"Commissioner" means the chief insurance | | regulatory official of a compacting state, including, but not | | limited to, commissioner, superintendent, director or | | administrator. |
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| | | 6.__Domiciliary state.__"Domiciliary state" means the state in | | which an insurer is incorporated or organized or, in the case of | | an alien insurer, its state of entry. |
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| | | 7.__Insurer.__"Insurer" means an entity licensed by a state to | | issue contracts of insurance for any of the lines of insurance | | covered by the compact. |
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| | | 8.__Management committee.__"Management committee" means the | | management committee established under section 2476, subsection | | 5. |
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| | | 9.__Member.__"Member" means the person chosen by a compacting | | state as its representative to the commission, or the member's | | designee. |
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| | | 10.__Noncompacting state.__"Noncompacting state" means a state | | that is not a compacting state. |
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| | | 11.__Operating procedures.__"Operating procedures" means | | procedures adopted by the commission implementing a rule, uniform | | standard or provision of the compact. |
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| | | 12.__Product.__"Product" means the form of a policy or | | contract, including an application, endorsement or related form | | that is attached to and made a part of the policy or contract, | | and any evidence of coverage or certificate, for an individual or | | group annuity, life insurance, disability income or long-term | | care insurance product that an insurer is authorized to issue. |
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| | | 13.__Rule.__"Rule" means a statement of general or particular | | applicability and future effect adopted by the commission, | | including a uniform standard developed pursuant to section 2478, | | designed to implement, interpret or prescribe law or policy or | | describing the organization, procedure or practice requirements | | of the commission, that has the force and effect of law in the | | compacting states. |
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| | | 14.__State.__"State" means any state, district or territory of | | the United States of America. |
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