Section 191.45.2. Definitions.

As used in these rules unless otherwise required by the context:

         45.2(1) “Executive officer” means any individual charged with active management and control in an executive capacity (including a president, vice-president, treasurer, secretary, controller, and any other individual performing functions corresponding to those performed by the foregoing officers) of a person, whether incorporated or unincorporated.

         45.2(2) “Foreign insurer” shall include an alien insurer except where clearly noted otherwise.

         45.2(3) “Ultimate controlling person” means that person who is not controlled by any other person.

         45.2(4) Other terms found in these rules and in Iowa Code section 521A.1 entitled “Definitions” shall retain the meaning as found in such section.