"Supervising entity"

Sec. 8. As used in this chapter, "supervising entity" means a business entity that: (1) is an: (A) insurer; or (B) insurance producer; that is licensed under this title; and (2) issues, or is appointed by the insurer that issues, a portable electronics insurance policy that is sold, solicited, or negotiated by a vendor; to supervise the activities of the vendor related to the portable electronics insurance policy. As added by P.L.4-2012, SEC.3.