Definition of terms

When used in §§ 58-33-47 to 58-33-57 , inclusive: (1) "Residents" shall mean and include any person, partnership or corporation, domestic, alien or foreign. (2) "Unfair Trade Practice Act" shall mean §§ 58-33-1 to 58-33-46.1 , inclusive, relating to unfair methods of competition and unfair and deceptive acts and practices in the business of insurance. Source: SL 1966, ch 111 , ch 13, § 27.