Utah § 31A-10-202 Purposes of part.

Utah Statutes

§ 31A-10-202 — Purposes of part.

Utah § 31A-10-202

Title 31AInsurance Code

Ch. 31A-10Annuities

Part 31A-10-2Nontraditional Insurers

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Bluebook

Utah Code Ann. § 31A-10-202 (2026).

Text

The purposes of this part are:

(1)to provide for the continued operation in this state, subject to the provisions of this title, of nontraditional insurers providing annuities to the nonprofit entities and governmental entities of this state and their employees; and

(2)to specify provisions which equitably deal with the operational, structural, and functional differences between nontraditional insurers and other insurers, without compromising the interests of policyholders.

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The purposes of this part are:
(1) to provide for the continued operation in this state, subject to the provisions of this title, of nontraditional insurers providing annuities to the nonprofit entities and governmental entities of this state and their employees; and
(2) to specify provisions which equitably deal with the operational, structural, and functional differences between nontraditional insurers and other insurers, without compromising the interests of policyholders.