Section 029-139-III - DEFINITIONSFor purposes of this rule, the following terms have the following meanings:
A. "Affiliate" shall have the same meaning as set forth in 9-A M.R.S.A. §4-403(1), with respect to supervised lenders, and as set forth in 24-A M.R.S.A.14432 ) with respect to financial institutions.B. "Financial institution" shall mean a financial institution authorized to do business in this state, as defined in 9-B M.R.S.A. §131(17-A) and includes a financial institution holding company as defined in 9-B M.R.S.A. §131(18); a mutual holding company as defined in 9-B M.R.S.A. §1052(2); and a credit union authorized to do business in this state as defined in 9-B M.R.S.A. §131(12-A).C. "Insurance agency" shall have the same meaning as set forth in 24-A M.R.S.A. §1402(3).D. "Insurance consultant" shall have the same meaning as set forth in 24-A M.R.S.A. §1402(4).E. "Insurance producer" shall have the same meaning as set forth in 24-A M.R.S.A. §1402(5).F. "Insurance product" shall have the same meaning as set forth in 9-A M.R.S.A. § 4-403(6) or 9-B M.R.S.A. § 9-BM.R.S.A. § 131(22-E), as the context may require. For the purposes of this rule, "insurance product" does not include group health and group life insurance to the extent authorized by Title 24-A, Chapters 31 and 35 when the insured is enrolled in the insurance policy; credit life and credit health insurance to the extent authorized by Title 24-A, Chapter 37; credit property insurance; credit involuntary unemployment insurance; forced placed property insurance; a vendor's single interest policy; or any other type of insurance excluded by the Superintendent of Insurance pursuant to 9-A M.R.S.A. § 4-401(2), 9-B M.R.S.A. § 9-BM.R.S.A. § 448(6)24-A or M.R.S.A. § 1443-A(2). For the purposes of this rule, "insurance product" also does not include annuities sold pursuant to 9-B M.R.S.A. §443(11), or any rules promulgated thereunder.G. "Regulators" shall mean the Bureau of Banking, the Office of Consumer Credit Regulation, and the Bureau of Insurance, collectively.H. "Retail area" shall mean, for financial institutions, all space occupied by a financial institution where the "business of banking" as defined by 9-B M.R.S.A. §131(5) may occur or, for supervised lenders, all space occupied by a supervised lender where consumer credit transactions, as defined by 9-A M.R.S.A. §1-301(12), are entered into.I. Supervised lender" shall have the same meaning as set forth in 9-A M.R.S.A. §1-301(39).02-029 C.M.R. ch. 139, § III