Sec. 8. As used in this chapter, "supervising entity" means a business entity that: (1) is an: (A) insurer; or (B) insurance producer; that is licensed under this title; and (2) issues, or is appointed by the insurer that issues, a portable electronics insurance policy that is sold, solicited, or negotiated by a vendor; to supervise the activities of the vendor related to the portable electronics insurance policy.
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