Utah Statutes
§ 31A-14-101 — Purposes of chapter.
This chapter's purposes are to:
(1)protect insureds, creditors, and the public by providing adequate standards and an orderly procedure for the authorization of foreign insurers;
(2)subject foreign insurers doing an insurance business in Utah to the jurisdiction of the Utah commissioner and courts; and
(3)provide Utah policyholders dealing with foreign insurers with regulatory protection equivalent to that provided to Utah policyholders dealing with domestic insurers.
Free access — add to your briefcase to read the full text and ask questions with AI
Utah § 31A-14-101 (Purposes of chapter.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Enacted by Chapter 242, 1985 General Session
Nearby Sections
15
§ 31A-1-101
Short title.§ 31A-1-102
Purposes.§ 31A-1-103
Scope and applicability of title.§ 31A-1-104
Authorization to do insurance business.§ 31A-1-105
Presumption of jurisdiction.§ 31A-1-106
Residual unlicensed domestic insurers.§ 31A-1-107
Licensees under former Title 31.§ 31A-1-108
Corporations in the process of organizing.§ 31A-1-109
Name of licensee.§ 31A-1-110
Scope of a license.§ 31A-1-201
Construction.§ 31A-1-202
Effect of repeal of former provisions.§ 31A-1-203
Interpretive rules.§ 31A-1-205
Severability.§ 31A-1-301
Definitions.