§431:14A-102 - Definitions.
§431:14A-102 Definitions. As used inthis article:
"Administrator" means the presidentand chief executive officer of the Hawaii employers' mutual insurance company.
"Board" means the board of directorsof the Hawaii employers' mutual insurance company.
"Company" means the Hawaii employers'mutual insurance company established by this article.
"Council" means the Hawaii employers'mutual insurance company oversight council.
"Investment manager" means anyfiduciary, who has been designated by the board to manage, acquire, or disposeof the company's assets, a bank as defined by law, or an insurance companyqualified to perform services under the laws of more than one state.
"Qualified actuary" means a member ofthe American Academy of Actuaries who is either a fellow of the CasualtyActuarial Society or an Associate of the Casualty Actuarial Society who hasfive or more years of experience. [L 1996, c 261, pt of §2; am L 1998, c 252,§3]