31A-10-201. Definition. As used in this part: (1) “Nontraditional insurer” means an insurer incorporated under Chapter 5, Domestic Stock and Mutual Insurance Corporations, or admitted under Chapter 14, Foreign Insurers, that: (a) exists for the purpose of aiding and strengthening the following by providing them with annuities: (i) nonprofit entities; (ii) employees of nonprofit entities; […]
31A-10-202. Purposes of part. The purposes of this part are: (1) to provide for the continued operation in this state, subject to the provisions of this title, of nontraditional insurers providing annuities to the nonprofit entities and governmental entities of this state and their employees; and (2) to specify provisions which equitably deal with the […]
31A-10-203. Applicability of other provisions. (1) Except as provided in this section, domestic nontraditional insurers are subject to the same provisions applicable to other domestic insurers, and nondomestic nontraditional insurers are subject to the same provisions applicable to other nondomestic insurers. (2) Nontraditional insurers are not subject to: (a) Section 31A-5-211; (b) Section 31A-5-217; (c) […]
