Utah Admin. Code 590-284-3

Current through Bulletin 2024-24, December 15, 2024

Section R590-284-3 - Definitions

Terms used in this rule are defined in Section 31A-1-301. Additional terms are defined as follows:

(1) "CGAD" means corporate governance annual disclosure.

(2) "Insurance group" means the insurers and affiliates included within an insurance holding company system.

(3)

(a) "Senior management" means any corporate officer responsible for:

(i) reporting information to the board of directors at regular intervals; or

(ii) providing the information in Subsection (3)(a)(i) to shareholders or regulators.

(b) "Senior management" includes:

(i) the chief executive officer;

(ii) the chief financial officer;

(iii) the chief operations officer;

(iv) the chief procurement officer;

(v) the chief legal officer;

(vi) the chief information officer;

(vii) the chief technology officer;

(viii) the chief revenue officer;

(ix) the chief visionary officer; or

(x) any other "C" level executive.

Utah Admin. Code R590-284-3

Adopted by Utah State Bulletin Number 2020-06, effective 3/10/2020

Amended by Utah State Bulletin Number 2021-04, effective 2/9/2021

Amended by Utah State Bulletin Number 2023-10, effective 5/9/2023