20-2901. Definitions

In this article, unless the context otherwise requires:

1. " Applicant" means a provider organization that submits an application to the contractor to provide continuing education courses.

2. " Approved continuing education course" means any course that has been approved by at least five other states or that is approved by a contractor or automatically approved pursuant to section 20-2904.

3. " Approved provider" means an organization or individual that offers an approved continuing education course and that is authorized by the contractor to offer the course to a licensee for credit toward the licensee's continuing education requirements.

4. " Continuing education review committee" means the committee appointed by the director pursuant to section 20-2905 to establish minimum standards that apply to approved providers and approved continuing education courses and minimum performance standards that apply to contractors.

5. " Continuously licensed" means that a licensee's license has not terminated for any reason. For the purposes of this paragraph, a license that expires under section 20-289, subsection E is not considered to have terminated if the late fee is timely paid and the license is renewed or the license is placed on inactive status pursuant to section 20-289.01.

6. " Contractor" means the person who has a contract with the department of insurance to approve continuing education providers and courses and to administer the continuing education program and who is paid through fees collected from approved providers when the approved providers apply for continuing education course approval.

7. " Credit hour" means the value assigned to an hour of instruction in an approved continuing education course.

8. " Ethics training" means continuing education course content regarding the ethical responsibilities insurance producers owe to insurers, applicants, policyholders, regulators, insurance professionals and the public.

9. " License period" means the period between the date an Arizona insurance license is issued or last renewed and the expiration date of the Arizona insurance license.

10. " Licensee" means an individual insurance producer licensed for major line insurance as defined in section 20-281. Licensee does not include any business entity.

11. " Nonresident licensee" means a licensee who is applying to renew a nonresident license in this state.

12. " Provider organization" means a person that provides continuing education courses but that has not yet been accepted as an approved provider pursuant to section 20-2904.