Utah § 31A-19a-305 Anti-competitive agreements prohibited.

Utah Statutes

§ 31A-19a-305 — Anti-competitive agreements prohibited.

Utah § 31A-19a-305

Title 31AInsurance Code

Ch. 31A-19aUtah Rate Regulation Act

Part 31A-19a-3Rate Service Organizations

This text of Utah § 31A-19a-305 (Anti-competitive agreements prohibited.) 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-19a-305 (2026).

Text

(1)(1)(a) An insurer may not assume any obligation to any person other than a policyholder or other company under common control, to use or adhere to certain rates or rating procedures.

(1)(b) Except for a policyholder or other company under common control, a person may not impose any penalty or other adverse consequence for failure of an insurer to adhere to certain rates or rating procedures.

(2)This section does not apply to rates used:

(2)(a) by a joint underwriting group;

(2)(b) by a pool;

(2)(c) under quota share reinsurance treaties; or

(2)(d) by a residual market mechanism.

Free access — add to your briefcase to read the full text and ask questions with AI

(1) (1)(a) An insurer may not assume any obligation to any person other than a policyholder or other company under common control, to use or adhere to certain rates or rating procedures.
(1)(b) Except for a policyholder or other company under common control, a person may not impose any penalty or other adverse consequence for failure of an insurer to adhere to certain rates or rating procedures.
(2) This section does not apply to rates used:

(2)(a) by a joint underwriting group;
(2)(b) by a pool;
(2)(c) under quota share reinsurance treaties; or
(2)(d) by a residual market mechanism.