As used in the Market Assistance Association Act: 1. "Association" means the Market Assistance Association established pursuant to this act; 2. "Board" means the Board of Directors of the Market Assistance Association; 3. "Commissioner" means the Insurance Commissioner; 4. "Insurer" means any entity licensed to issue homeowners' or homeowners' liability insurance; and 5. "Member" means all insurers licensed in this state for both property and casualty lines of business. These entities are required to be a participant in the Association as a condition of doing business in Oklahoma.
Added by Laws 1986, c. 251, § 46, emerg. eff. June 13, 1986. Amended by Laws 2022, c. 358, § 1, eff. Nov. 1, 2022.