Utah Statutes
§ 31A-22-410 — Trustee and deposit agreements.
Utah § 31A-22-410
JurisdictionUtah
Title 31AInsurance Code
Ch. 31A-22Contracts in Specific Lines
Part 31A-22-4Life Insurance and Annuities
This text of Utah § 31A-22-410 (Trustee and deposit agreements.) 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-22-410 (2026).
Text
(1)An insurer may hold as a part of its general assets the proceeds of any life insurance policy or annuity under a trust or other agreement, upon the terms and restrictions as to revocation by the policyholder and control by the beneficiary, and with the exemptions from the claims of creditors of the beneficiary as the insurer and the policyholder agree to in writing and as are otherwise recognized by law.
(2)An insurer may also receive funds in amounts and upon conditions which the insurer and the policyholder agree to in writing:
(2)(a) as premiums in advance upon life insurance policies or annuities; or
(2)(b) to accumulate for the purchase of future life insurance policies or annuities.
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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.Cite This Page — Counsel Stack
Bluebook (online)
Utah § 31A-22-410, Counsel Stack Legal Research, https://law.counselstack.com/statute/ut/31A-22-410.