Current through Register Vol. XLI, No. 50, December 13, 2024
Section 106-21-2 - Definitions2.1. General Rule. - Unless a specific definition is provided in subsection 2.2 of this section, or the context in which the term is used clearly requires a different meaning, the terms used in this rule have the definitions provided in W.Va. Code §§ 31A-1-2 and 31A-8G-1, et seq. 2.2. Terms defined. 2.2.1. "Participant" means a regulatory sandbox participant as that term is defined in W. Va. Code § 31A-8G-2. 2.2.2. "Sandbox" means the regulatory sandbox program as that term is defined in W. Va. Code § 31A-8G-2.2.2.3. "Self-regulatory organization" means an entity, such as a non governmental organization, which has the power to create and enforce stand-alone industry and professional regulations and standards on its own, such as the Global Financial Innovation Network and the American Consumer Financial Innovation Network. W. Va. Code R. § 106-21-2