Terms Used In Arizona Laws > Title 20 > Chapter 18 - Continuing Education

• Applicant: means a provider organization that submits an application to the contractor to provide continuing education courses. See Arizona Laws 20-2901
• Application: means an application which is made pursuant to this article for approval of the deputy director to become a financial institution holding company. See Arizona Laws 6-1101
• Approved continuing education course: means any course that has been approved by at least five other states or that is approved by a contractor or automatically approved pursuant to section 20-2904. See Arizona Laws 20-2901
• Approved provider: means an organization or individual that offers an approved continuing education course and that is authorized by the contractor to offer the course to a licensee for credit toward the licensee's continuing education requirements. See Arizona Laws 20-2901
• Continuously licensed: means that a licensee's license has not terminated for any reason. See Arizona Laws 20-2901
• Contractor: means the person who has a contract with the department to approve continuing education providers and courses and to administer the continuing education program and who is paid through fees collected from approved providers when the approved providers apply for continuing education course approval. See Arizona Laws 20-2901
• Controlling person: means a person who is directly or indirectly in control of a financial institution. See Arizona Laws 6-1101
• department: means the department of insurance and financial institutions. See Arizona Laws 20-101
• Deputy director: means the deputy director of the financial institutions division of the department. See Arizona Laws 6-101
• Ethics training: means continuing education course content regarding the ethical responsibilities insurance producers owe to insurers, applicants, policyholders, regulators, insurance professionals and the public. See Arizona Laws 20-2901
• 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.
• Financial institution: means a bank, trust company, savings and loan association, international banking facility and holding company of a bank, trust company, savings and loan association and international banking facility under the jurisdiction of the department. See Arizona Laws 6-1101
• License period: means the period between the date an Arizona insurance license is issued or last renewed and the expiration date of the Arizona insurance license. See Arizona Laws 20-2901
• Licensee: means an individual insurance producer licensed for major line insurance as defined in section 20-281. See Arizona Laws 20-2901
• Nonresident licensee: means a licensee who is applying to renew a nonresident license in this state. See Arizona Laws 20-2901
• Provider organization: means a person that provides continuing education courses but that has not yet been accepted as an approved provider pursuant to section 20-2904. See Arizona Laws 20-2901
• Restitution: The court-ordered payment of money by the defendant to the victim for damages caused by the criminal action.