The following definitions shall apply for the purposes of ยงยง 23-63-525 -- 23-63-530 only:
(1) "Acquisition" means any agreement, arrangement, or activity the consummation of which results in a person acquiring directly or indirectly the control of another person, and includes, but is not limited to, the acquisition of voting securities, the acquisition of assets, bulk reinsurance, and mergers; and
(2) An "involved insurer" includes an insurer which either acquires or is acquired, is affiliated with an acquirer or acquired, or is the result of a merger.
Section: Previous 23-63-518 23-63-519 23-63-520 23-63-521 23-63-522 23-63-523 23-63-524 23-63-525 23-63-526 23-63-527 23-63-528 23-63-529 23-63-530 23-63-531 23-63-532 NextLast modified: November 15, 2016