Utah § 31A-23a-107 Character requirements.

Utah Statutes

§ 31A-23a-107 — Character requirements.

Utah § 31A-23a-107

Title 31AInsurance Code

Ch. 31A-23aInsurance Marketing - Licensing Producers, Consultants, and Reinsurance Intermediaries

Part 31A-23a-1General Provisions

This text of Utah § 31A-23a-107 (Character requirements.) 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-23a-107 (2026).

Text

An applicant for a license under this chapter shall show to the commissioner that:

(1)the applicant has the intent in good faith, to engage in the type of business that the license applied for would permit;

(2)(2)(a) if a natural person, the applicant is:

(2)(a)(i) competent; and

(2)(a)(ii) trustworthy; or

(2)(b) if the applicant is an agency:

(2)(b)(i) the partners, directors, or principal officers or persons having comparable powers are trustworthy; and

(2)(b)(ii) that it will transact business in such a way that the acts that may only be performed by a licensed producer, surplus lines producer, limited line producer, consultant, managing general agent, or reinsurance intermediary are performed exclusively by natural persons who are licensed under this chapter to transact that type of

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

An applicant for a license under this chapter shall show to the commissioner that:
(1) the applicant has the intent in good faith, to engage in the type of business that the license applied for would permit;
(2) (2)(a) if a natural person, the applicant is:
(2)(a)(i) competent; and
(2)(a)(ii) trustworthy; or
(2)(b) if the applicant is an agency:
(2)(b)(i) the partners, directors, or principal officers or persons having comparable powers are trustworthy; and
(2)(b)(ii) that it will transact business in such a way that the acts that may only be performed by a licensed producer, surplus lines producer, limited line producer, consultant, managing general agent, or reinsurance intermediary are performed exclusively by natural persons who are licensed under this chapter to transact that type of business and designated on the agency's license;
(3) the applicant intends to comply with Section 31A-23a-502; and
(4) if a natural person, the applicant is at least 18 years of age.