Utah Statutes
§ 31A-22-425 — Rulemaking authority for standards related to life insurance and annuities.
Utah·Title 31A Insurance Code·Ch. 31A-22 Contracts in Specific Lines·Part 31A-22-4 Life Insurance and Annuities
In accordance with Title 63G, Chapter 3, Utah Administrative Rulemaking Act, the commissioner may make rules to establish standards for any of the following:
(1)if used in connection with the solicitation or sale of life insurance policies and contracts:
(1)(a) a buyer's guide;
(1)(b) a disclosure;
(1)(c) an illustration;
(1)(d) a policy summary; or
(1)(e) a recommendation; and
(2)in a life insurance policy, annuity contract, or life insurance or annuity certificate:
(2)(a) a definition of a term;
(2)(b) a disclosure;
(2)(c) an exclusion; or
(2)(d) a limitation.
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Legislative History
Amended by Chapter 382, 2008 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.