044-46 Wyo. Code R. §§ 46-2 - Definitions
For the purpose of this regulation, the following definitions apply:
(a) "Licensee" means a producer,
agent, or any other person holding a license issued by the Wyoming Insurance
Department.
(b) "Qualified
Financial Institution" has the same meaning as in W.S. §
26-5-114.
(c) "Trust Account" or "Premium Trust
Account" means an account held in a Qualified Financial Institution for the
purpose of holding premium payments, but excludes accounts into which premiums
are deposited that are owned by the insurer entitled to the premiums.
Notes
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