§ 58-44a-1

\nAs used in this Article, the following definitions apply:\n(1) Customer. – A person who purchases portable electronics or services.\n(2) Enrolled customer. – A customer who elects coverage under a portable electronics insurance policy issued to a vendor of portable electronics.\n(3) Location. – Any physical location in the State of North Carolina or any Web site, call center site, or similar location directed to residents of the State of North Carolina.\n(4) Portable electronics. – Electronic devices that are portable in nature, their accessories, and services related to the use of the device.\n(5) Portable electronics insurance. – Insurance providing coverage for the repair or replacement of portable electronics which may provide coverage for portable electronics against any one or more of the following causes of loss: (i) loss, (ii) theft, and (iii) inoperability due to mechanical failure, malfunction, damage, or other similar causes of loss. The term does not include the following:\na. A service contract or extended warranty providing coverage limited to the repair, replacement, or maintenance of property for the operational or structural failure of

s not include the following:\na. A service contract or extended warranty providing coverage limited to the repair, replacement, or maintenance of property for the operational or structural failure of the property due to a defect in materials, workmanship, accidental damage from handling, power surges, or normal wear and tear.\nb. A policy of insurance covering a seller's or a manufacturer's obligations under a warranty.\nc. A homeowner's, renter's, private passenger automobile, commercial multiperil, or similar policy.\n(6) Portable electronics transaction. – Either of the following:\na. The sale or lease of portable electronics by a vendor to a customer.\nb. The sale of a service related to the use of portable electronics by a vendor to a customer.\n(7) Supervising entity. – A business entity that is a licensed insurer or insurance producer.\n(8) Vendor. – A person in the business of engaging in portable electronics transactions directly or indirectly. (2011-225, s. 1.)