Note
Part I designation added by L 2008, c 190, §2.
§431:19-101.5 Captive insurance administrator. There shall be established within the insurance division a captive insurance administrator, who shall be solely responsible for assisting the commissioner in monitoring, regulating, and developing captive insurance companies under this article. The commissioner, with the approval of the director of commerce and consumer affairs, shall appoint the administrator who shall be designated as a deputy commissioner and shall be exempt from chapter 76, notwithstanding section 431:2-105(b) to the contrary. The administrator shall serve at the pleasure of the director of commerce and consumer affairs and shall report directly to the commissioner. [L 1997, c 261, pt of §2; am L 2000, c 253, §150; am L 2003, c 205, §1; am L 2007, c 232, §2; am L 2012, c 253, §4]
Section: Previous 431-16-218 431-16-219 431-17-101-to-106 431-19-101 431-19-101.2 431-19-101.3 431-19-101.4 431-19-101.5 431-19-101.6 431-19-101.7 431-19-101.8 431-19-102 431-19-102.2 431-19-102.3 431-19-102.4 NextLast modified: October 27, 2016