Branch operation definition

Branch operation means a business operation of a branch captive insurance company in this state.
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Branch operation means a business operation of a branch captive insurer in this state.
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Branch operation means a business operation of a branch captive insurance company in this state.(9)(a) "Captive insurance company" means the same as that term is defined in Section 31A-1-301.(b) “Captive insurance company” includes any of the following formed or holding a certificate of authority under this chapter:(i) a branch captive insurance company; (ii) a pure captive insurance company;(iii) an association captive insurance company; (iv) a sponsored captive insurance company;(v) an industrial insured captive insurance company, including an industrial insured captive insurance company formed as a risk retention group captive in this state pursuant to the provisions of the Federal Liability Risk Retention Act of 1986;(vi) a special purpose captive insurance company; or(vii) a special purpose financial captive insurance company.*****
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Examples of Branch operation in a sentence

  • To this end and as of Closing, Buyer will assume Seller’s obligations and commitment to ▇▇▇▇▇ State University pertaining to ▇▇▇▇▇ State University’s arrangements with the National Institutes of Health for the Perinatal Research Branch operation.

  • The Letter of Understanding No. 11 dated September 29, 1999, is hereby repealed and replaced by the following: The Company agrees to maintain a Finance Branch operation in Winnipeg and the employees covered by this Agreement will continue to perform the type of work customarily performed at this location by these employees.

  • CORPORATE RESTRUCTURINGI SUBCONTRACTING The Letter of Understanding No. dated September is hereby repealed and replaced by the following: The Company agrees to maintain a Finance Branch operation in Winnipeg and the employees covered by this Agreement will continue to perform the type of work customarily performed at this location by these employees.


More Definitions of Branch operation

Branch operation means a business op- eration of a branch captive insurer in this state.
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