Definition of terms.

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58-33-48. 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.


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