Section 25-35-102 - Definitions

For the purposes of this chapter:(1) 'Annual aggregate deductible' means the maximum amount payable annually from the Arkansas Multi-Agency Insurance Trust Fund for covered losses;(2) 'Insurance Commissioner' means the Insurance Commissioner of the State Insurance Department or the commissioner's successor;(3) 'Risk manager' means the Administrator of the Risk Management Division of the State Insurance Department;(4) 'State agency' means any state agency, board, bureau, commission, council, department, institution, or other similar entity; and(5) 'Trust fund' means the Arkansas Multi-Agency Insurance Trust Fund.Acts 2003, No. 1762, § 1.