Domiciliary Commissioner definition

Domiciliary Commissioner means the principal insurance supervisory official of the jurisdiction in which a mortgage guaranty insurance company is domiciled, or that principal insurance supervisory official’s deputies or assistants, or any employee of the regulatory agency of which that principal insurance supervisory official is the head acting in that principal insurance supervisory official’s name and by that principal insurance supervisory official’s delegated authority.

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Domiciliary Commissioner means the Chief Regulatory Officer for Insurance in any state, territory, district, commonwealth or possession of the U.S. in which the Trust Fund is principally administered as identified on page one of this Agreement.

Domiciliary Commissioner means the Superintendent of the Department of Financial Services of the State of New York.

Examples of Domiciliary Commissioner in a sentence

If no Non-Domiciliary Commissioner disapproves the proposed amendment within thirty (30) days of receipt of the notice, the amendment shall be effective on the date specified by the Domiciliary Commissioner.
If the auditor’s practicing certificate or equivalent document is unavailable, then the Trustee, upon the request of the Company, shall submit a request for the written approval of the auditor from the Domiciliary Commissioner.
The Trustee shall keep complete records of the administration of the Trust which may be examined at any time, with reasonable advance notice, by the Domiciliary Commissioner or any Non-Domiciliary Commissioner.
When Funds are accepted by the Domiciliary Commissioner or paid into court, the Trustee’s sole remaining responsibility shall be to render a final accounting of the Trust.
The Domiciliary Commissioner and the Chief Regulatory Officer for Insurance in any other state, territory, district, commonwealth or possession of the U.S. where the Company is eligible for excess or surplus lines shall have the right to review the assets in the Trust to determine whether such assets are acceptable.
In addition, Trustee shall certify the existence and most recent value of the Trust Fund whenever so directed by IID, the Company, its U.S. Representative, the Domiciliary Commissioner or any Non- Domiciliary Commissioner.
Notwithstanding Paragraph 2.1 hereof, the Trustee may resign at any time by sending its notice of resignation by notifying the Company and the Domiciliary Commissioner, all Non-Domiciliary Commissioners, and the IID to take effect on the date specified in such notice, but not less than sixty (60) days after the date of such mailing or personal delivery thereof if not mailed, unless the Company shall accept shorter notice as adequate.
The Company shall provide the Trustee with the names and mailing addresses of the manager of the IID, the Domiciliary Commissioner, all Non-Domiciliary Commissioners and the Company’s U.S. representative, and shall update this list from time to time as may be necessary to keep the information in the list current.
Promptly after such actual or anticipated reduction of the value of the Trust Fund, the Trustee shall send notice to the Company of the actual or anticipated reduction and a copy of such notice by certified mail return receipt requested, to the Domiciliary Commissioner, all Non-Domiciliary Commissioners, and the IID.
The Company shall provide the Trustee with the names and mailing addresses of the manager of the IID, the Domiciliary Commissioner, all Non-Domiciliary Commissioners and the Company’s U.S. Representative, and shall update this list from time to time as may be necessary to keep the information in the list current.

More Definitions of Domiciliary Commissioner

Domiciliary Commissioner means the Superintendent of Insurance of the State of New York.

Domiciliary Commissioner means the Chief Regulatory Officer for Insurance of the United States jurisdiction in which the Trust Fund is principally maintained and administered, identified on page one of this Trust Deed.

Domiciliary Commissioner means the principal insurance supervisory official of the jurisdiction in which a mortgage guaranty insurance company is domiciled.