Terms Used In Vermont Statutes > Title 8 > Chapter 101 > Subchapter 7A - Own Risk and Solvency Assessment

• Active ingredient: means :

• Antidote: means the most practical immediate treatment in case of poisoning and includes first aid treatment. See
• assessment: means a confidential, internal assessment, appropriate to the nature, scale, and complexity of an insurer or insurance group and conducted by that insurer or insurance group, of the material and relevant risks associated with the insurer's or insurance group's current business plan and the sufficiency of capital resources to support those risks. See
• Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
• Defoliant: means any substance produced, distributed, or used for causing the foliage to drop from a plant, with or without causing abscission. See
• Desiccant: means any substance produced, distributed, or used for artificially accelerating the drying of plant tissues. See
• Direct: when used in connection with "obligation" means that a designated obligor shall be primarily liable on the instrument representing the obligation. See
• Discovery: Lawyers' examination, before trial, of facts and documents in possession of the opponents to help the lawyers prepare for trial.
• Domestic: when applied to a corporation, company, association, or copartnership shall mean organized under the laws of this State; "foreign" when so applied, shall mean organized under the laws of another state, government, or country. See
• Economic poison: means :

• Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
• Fees: shall mean earnings due for official services, aside from salaries or per diem compensation. See
• following: when used by way of reference to a section of the law shall mean the next preceding or following section. See
• Fungi: means all nonchlorophyll-bearing thallophytes (that is, all nonchlorophyll-bearing plants of a lower order than mosses and liverworts) as, for example, rusts, smuts, mildews, molds, yeast, and bacteria, except those on or in living humans or other animals. See
• Fungicide: means any substance or mixture of substances intended for preventing, destroying, repelling, or mitigating any fungi. See
• Guidance Manual: means the current version of the Own Risk and Solvency Assessment Guidance Manual developed and adopted by the NAIC, as may be amended from time to time. See
• Herbicide: means any substance or mixture of substances intended for preventing, destroying, repelling, or mitigating any weed. See
• Ingredient statement: means :

• Insecticide: means any substance or mixture of substances intended for preventing, destroying, repelling, or mitigating any insects that may be present in any environment whatsoever. See
• Insurance group: means those insurers and affiliates included within an insurance holding company system as defined in subdivision 3681(5) of this title. See
• Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
• Label: means the written, printed, or graphic matter on, or attached to, the economic poison, or the immediate container thereof, and the outside container or wrapper of the retail package, if any there be, of the economic poison. See
• Labeling: means all labels and other written, printed, or graphic matter:

• NAIC: means the National Association of Insurance Commissioners. See
• Nematocide: means any substance produced, distributed, or used for preventing, destroying, or repelling nematodes. See
• Nematode: means invertebrate animals of the phylum nemathelminthes and class nematoda, that is, unsegmented round worms with elongated, fusiform, or saclike bodies covered with cuticle, and inhabiting soil, water, plants, or plants parts. See
• Neonicotinoid pesticide: means any economic poison containing a chemical belonging to the neonicotinoid class of chemicals, including:

• Oversight: Committee review of the activities of a Federal agency or program.
• Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
• Person: means any individual, partnership, association, corporation, or organized group of persons whether incorporated or not. See
• Plant regulator: means any substance produced, distributed, or used for the purposes of accelerating or retarding the rate of growth or rate of maturation, or otherwise altering the behavior of plants but shall not include substances produced, distributed, or used for plant nutrients, trace elements, nutritional chemicals, plant inoculants, and soil amendments. See
• Registrant: means the person registering any economic poison pursuant to the provisions of this chapter. See
• Secretary: means the Secretary of Agriculture, Food and Markets. See
• State: when applied to the different parts of the United States may apply to the District of Columbia and any territory and the Commonwealth of Puerto Rico. See
• Subpoena: A command to a witness to appear and give testimony.
• Summary Report: means a confidential high-level summary of an insurer or insurance group's ORSA. See
• Testify: Answer questions in court.
• Treated article seed: means an agricultural seed, flower seed, or vegetable seed that is a treated article pesticide. See
• Weed: means any plant that grows where not wanted. See