Section 14-4A-01 - Definitions(a) In this subtitle the following words have the meanings indicated.(b) "Administrator" means a person that is designated by a warrantor to be responsible for the administration of a vehicle protection product warranty.(c) "Division" means the Division of Consumer Protection of the Office of the Attorney General.(d)(1) "Incidental costs" means an expense that: (i) Is specified in a vehicle protection product warranty;(ii) Is incurred by the warranty holder; and(iii) Relates to the failure of a vehicle protection product to perform as provided in the vehicle protection product warranty.(2) "Incidental costs" include: (i) Insurance policy deductibles;(ii) Charges for rental vehicles;(iii) The difference between the value of a stolen vehicle at the time of theft and the cost of a replacement vehicle;(vi) Transaction fees; and(vii) Mechanical inspection fees.(e)(1) "Vehicle protection product" means a vehicle protection device, system, or service that: (i) Is sold with a written warranty;(ii) Is installed on or applied to a vehicle; and(iii) Is designed to prevent loss or damage to a vehicle from a specific cause.(2) "Vehicle protection product" includes:(ii) A body part marking product;(iv) A window etch product;(v) A pedal or ignition lock;(vi) A fuel or ignition kill switch; and(vii) An electronic, radio, or satellite tracking device.(f) "Vehicle protection product warranty" means a written agreement by a warrantor that provides that if a vehicle protection product fails to prevent loss or damage to a vehicle from a specific cause, the warrantor shall pay to, or on behalf of, the warranty holder specified incidental costs incurred as a result of the failure of the vehicle protection product to perform in accordance with the terms of the vehicle protection product warranty.(g)(1) "Warrantor" means a person that is contractually obligated to the warranty holder under the terms of the vehicle protection product warranty.(2) "Warrantor" does not include an authorized insurer that issues a warranty reimbursement insurance policy.(h) "Warranty holder" means a person that purchases a vehicle protection product warranty or a permitted transferee.(i) "Warranty reimbursement insurance policy" means a policy of insurance that is issued to a warrantor to:(1) Provide reimbursement to the warrantor; or(2) Pay on behalf of the warrantor all covered contractual obligations incurred by the warrantor under the terms and conditions of the insured vehicle protection product warranties sold by the warrantor.