Employment definition change narrows eligible individuals under the life insurer statute by excluding whole time directors. The amendment substitutes the phrase referring to any person with a reference to an employee of the Corporation other than a whole-time director, and ... Summary
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Employment definition change narrows eligible individuals under the life insurer statute by excluding whole time directors.
The amendment substitutes the phrase referring to any person with a reference to an employee of the Corporation other than a whole-time director, and omits the succeeding sub section, thereby narrowing the class of individuals covered by the provision.
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