Section 551.30  Definitions

In addition to the definitions of Section 107.15 of the Illinois Insurance Code (Ill. Rev. Stat. 1981, ch. 73, par. 719.15), the following definitions shall apply to this Rule:

"Board of Trustees" means the duly elected Trustees of the Exchange pursuant to Section 107.17 of the Illinois Insurance Code.

"Central Processing Facility" means the recordkeeping facility formed pursuant to Section 107.21 of the Illinois Insurance Code.

"Exchange" means the Illinois Insurance Exchange, formed pursuant to Article V 1/2 of the Illinois Insurance Code.

"Rules of the Exchange" and "By-laws" means the body of the Rules or By-laws adopted by the Board of Trustees, as amended, pursuant to Sections 107.06, 107.07, 107.10, 107.19, 107.21, 107.22 and 107.24 of the Illinois Insurance Code.

"Security Association" means the Illinois Insurance Exchange Immediate Access Security Association formed pursuant to Section 107.26 of the Illinois Insurance Code.