Servicing facility definition

Servicing facility means those persons delegated by the Board and approved by the Commissioner to settle or compromise claims and to expend Fund assets to pay claims."
Servicing facility means those persons delegated by the Board to settle or compromise claims and to expend Fund assets to pay claims. (1985 (Reg. Sess., 1986), c. 1013, s. 1; 1987, c. 528, s. 1; 1997-362, s. 8; 2005-400, s. 1.2; 2011-196, s. 10.)
Servicing facility means a person or persons delegated by the Board of Directors to settle or compromise claims and to expend Association assets to pay claims.

Examples of Servicing facility in a sentence

  • The Fuel Servicing facility must be capable of handling large equipment.


More Definitions of Servicing facility

Servicing facility means those persons delegated by the Board and
Servicing facility means an operating base location to which a transportation vehicle returns regularly to pick up FOOD, SINGLE-SERVICE ARTICLES, or EQUIPMENT; being held for the restocking, resupply, or operation of an UNATTENDED FOOD SALES ESTABLISHMENT.
Servicing facility means any insurer engaged in writing direct property insurance in this State and licensed in this State, and any other party authorized to act in like capacity on behalf of the fund. ‘‘§ –2. Establishment of Hawaii hurricane relief fund. There shall be a Hawaii hurricane relief fund to be placed within the department of commerce and consumer affairs for administra- tive purposes. The fund shall be a public body and a body corporate
Servicing facility means those persons delegated by the Board and approved by the Commissioner to settle or compromise claims and to expend Fund assets to pay claims. (1985 (Reg. Sess., 1986), c. 1013, s. 1; 1987, c. 528, s. 1; 1997-362, s. 8; 2005-400, s. 1.2.)
Servicing facility means those persons delegated by the Board to settle or compromise claims and to expend Fund assets to pay claims. (1985 (Reg.
Servicing facility means those persons that are delegated the
Servicing facility the credit facility provided for in Section 2.01.