Hawaii Revised Statutes 431:9A-171 – Definitions
Terms Used In Hawaii Revised Statutes 431:9A-171
- Commissioner: means the insurance commissioner. See Hawaii Revised Statutes 431:9A-102
- Individual: means a natural person. See Hawaii Revised Statutes 431:9A-102
- License: means a document issued by the commissioner authorizing a person to act as an insurance producer for the lines of authority specified in the document. See Hawaii Revised Statutes 431:9A-102
- Personal property: All property that is not real property.
- producer: means a person required to be licensed under the laws of this State to sell, solicit, or negotiate insurance. See Hawaii Revised Statutes 431:9A-102
For purposes of this part:
“Commissioner” means the insurance commissioner as defined in § 431:2-102.
“Occupant” has the same meaning as in § 507-61.
“Owner” means any business entity that owns or is authorized to manage a self-service storage facility, or to receive rent from an occupant under a rental agreement, and no real estate license is required.
“Self-service storage facility” has the same meaning as in § 507-61.
“Stored property insurance” means insurance under a group, individual, corporate, commercial, or master policy to provide insurance coverage to occupants of a self-service storage facility for the loss of, or damage to, tangible personal property that is contained in a storage space located at a self-service storage facility or is in transit during the term of a self-service storage facility rental agreement.
“Supervising entity” means a business entity that is a licensed insurer or insurance producer that is appointed or authorized by an insurer to supervise the administration of a stored property insurance program.