Utah Statutes
§ 31A-22-1204 — Approval required for bulk insurance.
Utah § 31A-22-1204
JurisdictionUtah
Title 31AInsurance Code
Ch. 31A-22Contracts in Specific Lines
Part 31A-22-12Reinsurance
This text of Utah § 31A-22-1204 (Approval required for bulk insurance.) 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-22-1204 (2026).
Text
Reinsurance credit is not allowed to a domestic insurer for reinsurance ceded when such reinsurance constitutes all or substantially all of the insurance in force of the domestic insurer, unless the agreement purporting to transfer the reinsurance is in writing and:
(1)approved by the commissioner prior to execution of the agreement; or
(2)provides that the agreement is subject to the approval of the commissioner.
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Legislative History
Enacted by Chapter 258, 1992 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.Cite This Page — Counsel Stack
Bluebook (online)
Utah § 31A-22-1204, Counsel Stack Legal Research, https://law.counselstack.com/statute/ut/31A-22-1204.