As used in this chapter:
(a) ASSESSMENTS AND FINES. Monetary amounts
due for payment to the Department and designated as an assessment, a fine, or a
penalty in any order, consent order, settlement, warning letter agreement, or
other form of unilateral or mutually agreed-to disposition between the
Department and a licensee or an unlicensed individual or business
(b) DEPARTMENT. The
Department of Insurance and any of its divisions or units, including, without
limitation, the Office of Commissioner and the Office of State Fire Marshal,
and any third party which collects payments on behalf of the Department by
agreement with the Department.
LICENSE. Any form of individual or business entity license, permit, or
registration issued by the Department, but does not include a certificate of
authority issued to an insurance company.
(d) LICENSEE. An individual or business
entity which holds a license.
LICENSE FEES. The fees and, as applicable, any associated processing fees
charged for issuance of a license by the Department.
(f) PAYMENT. The remitting of funds by check,
other written negotiable instrument, or any form of electronic funds transfer,
including, without limitation, credit cards and charge cards.
(g) PAYMENT FAILURE. Occurs if a payment
tendered to the Department fails for any reason not within the control of the
Department, including without limitation, dishonor or rejection.