Terms Used In Utah Code > Title 63A > Chapter 4 > Part 1 - Risk Manager

• Agency: means a board, commission, institution, department, division, officer, council, office, committee, bureau, or other administrative unit of the state, including the agency head, agency employees, or other persons acting on behalf of or under the authority of the agency head, the Legislature, the courts, or the governor, but does not mean a political subdivision of the state, or any administrative unit of a political subdivision of the state. See Utah Code 63A-1-103
• Captive insurance company: means the same as that term is defined in Section 31A-37-102. See Utah Code 63A-4-101.1
• Contract: A legal written agreement that becomes binding when signed.
• Covered entity: means a participating entity of:
       (2)(a) the Risk Management Fund; or
       (2)(b) any captive insurance company created by the risk manager. See Utah Code 63A-4-101.1
• Department: means the Department of Government Operations. See Utah Code 63A-1-103
• Executive director: means the executive director of the Department of Government Operations. See Utah Code 63A-1-103
• Indemnification: In general, a collateral contract or assurance under which one person agrees to secure another person against either anticipated financial losses or potential adverse legal consequences. ^{Source: FDIC}
• Property: includes both real and personal property. See Utah Code 68-3-12.5
• State: when applied to the different parts of the United States, includes a state, district, or territory of the United States. See Utah Code 68-3-12.5
• Statute: A law passed by a legislature.