Definitions Flashcards

(29 cards)

1
Q

Same definition as set forth in RS 22:46

A

Authorized insurer and/or insurer

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2
Q

Limited liability company, partnership, other legal entity

A

Business entity

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3
Q

Fee paid to an insurance producer

A

Commission

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4
Q

Any state or territory of the United States insurance producer maintains principal place of residence, business is licensed to act insurance producer

A

Home state

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5
Q

Any lines of authority as specified in RS 22:1547

A

Insurance

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6
Q

Person required to be licensed

A

Insurance producer

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7
Q

Document issued by commissioner of insurance

A

License

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8
Q

Credit life defined in RS 22:47 and RS 6:969.6 disability,property, unemployment, mortgage. commissioner determines limited line credit insurance

A

Limited line credit insurance

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9
Q

Insurance producer who sells, solicits or negotiates limited line credit insurance coverage

A

Limited line credit insurance producer

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10
Q

Any authority granted by the commissioner of insurance which restricts the authority of the licensee

A

Limited lines insurance

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11
Q

Insurance producer authorized by the commissioner to sell, solicit, negotiate limited lines insurance

A

Limited lines producer

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12
Q

NAIC

A

National association of insurance commissioner

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13
Q

Confer directly with or to offer advice directly to a purchaser

A

Negotiate

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14
Q

Natural or artificial legal entity

A

Person

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15
Q

Exchange a contract of insurance

A

Sell

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16
Q

Attempt to sell insurance

17
Q

Insurance producer who solicits with an insurance company not licensed to do business in this state

A

Surplus lines broker

18
Q

Cancel the relationship

19
Q

Line of insurance RS 22:1782.I(3)

A

Travel insurance

20
Q

NAIC uniform application for resident and nonresident producer licensing

A

Uniform application

21
Q

NAIC uniform business entity application resident and nonresident business entities

A

Uniform Business Entity Application

22
Q

Security given to assure defendant’s appearance court

23
Q

Personal appearance before the court, charges are pending

24
Q

Detention of the defendant, the surety by the officer

25
Detention of the defendant, another parish of the state of Louisiana or foreign jurisdiction
Constructive surrender
26
Issued for the defendant
Warrant for arrest
27
Proof of the defendant’s current incarnation to the court
The surety
28
Officer costs of returning the defendant where warrant was issued
Surety has paid
29
Owns property in the statement subject to seizure. Shall not charge a fee or receive any compensation for posting a bail undertaking.
Personal surety