Utah § 31A-16-115 Revocation, suspension, or nonrenewal of insurer's license.

Utah Statutes

§ 31A-16-115 — Revocation, suspension, or nonrenewal of insurer's license.

Utah § 31A-16-115

Title 31AInsurance Code

Ch. 31A-16Insurance Holding Companies

This text of Utah § 31A-16-115 (Revocation, suspension, or nonrenewal of insurer's license.) is published on Counsel Stack Legal Research, covering Utah primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Utah Code Ann. § 31A-16-115 (2026).

Text

Whenever it appears to the commissioner that a person has committed a violation of this chapter that makes the continued operation of an insurer contrary to the interests of policyholders or the public, the commissioner may, after giving notice and an opportunity to be heard, suspend, revoke, or refuse to renew the insurer's license or authority to do business in this state for such period as the commissioner finds is required for the protection of policyholders or the public.  Any such determination shall be accompanied by specific findings of fact and conclusions of law.

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Whenever it appears to the commissioner that a person has committed a violation of this chapter that makes the continued operation of an insurer contrary to the interests of policyholders or the public, the commissioner may, after giving notice and an opportunity to be heard, suspend, revoke, or refuse to renew the insurer's license or authority to do business in this state for such period as the commissioner finds is required for the protection of policyholders or the public. Any such determination shall be accompanied by specific findings of fact and conclusions of law.