Utah Statutes

§ 31A-23a-113 — License lapse and voluntary surrender.

Utah·Title 31A Insurance Code·Ch. 31A-23a Insurance Marketing - Licensing Producers, Consultants, and Reinsurance Intermediaries·Part 31A-23a-1 General Provisions
(1)(1)(a) A license issued under this chapter, including a line of authority, shall lapse if the licensee fails to:
(1)(a)(i) pay when due a fee under Section 31A-3-103;
(1)(a)(ii) complete continuing education requirements under Section 31A-23a-202 before submitting the license renewal application;
(1)(a)(iii) submit a completed renewal application as required by Section 31A-23a-104;
(1)(a)(iv) submit additional documentation required to complete the licensing process as related to a specific license type or line of authority; or
(1)(a)(v) maintain an active license in a licensee's home state if the licensee is a nonresident licensee.
(1)(b) A license that lapses shall expire effective at midnight on the day on which the license expires.
(1)(c) (1)(c)(i) A licensee whose license lapses m

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Legislative History

Amended by Chapter 252, 2021 General Session

Nearby Sections

15
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