Utah § 31A-23a-502 Controlled business, except as to title insurance.

Utah Statutes

§ 31A-23a-502 — Controlled business, except as to title insurance.

Utah § 31A-23a-502

Title 31AInsurance Code

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

Part 31A-23a-5Compensation of Producers and Consultants

This text of Utah § 31A-23a-502 (Controlled business, except as to title 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-23a-502 (2026).

Text

(1)As used in this section, "controlled business" means insurance procured by:

(1)(a) an insurance producer who is a natural person upon the life, person, or property of himself, his relative within the second degree by blood or marriage, his employer, employees, or organization; or

(1)(b) an insurance producer that is an organization upon its own property or upon the life, person, or property of its partners, shareholders, directors, or employees, or their relatives within the second degree by blood or marriage.

(2)No producer may receive any compensation from an insurer for effecting insurance upon controlled business unless during the preceding 12 months the producer had effected other insurance with aggregate premiums exceeding the premiums on the controlled business.

(3)This secti

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

(1) As used in this section, "controlled business" means insurance procured by:

(1)(a) an insurance producer who is a natural person upon the life, person, or property of himself, his relative within the second degree by blood or marriage, his employer, employees, or organization; or
(1)(b) an insurance producer that is an organization upon its own property or upon the life, person, or property of its partners, shareholders, directors, or employees, or their relatives within the second degree by blood or marriage.
(2) No producer may receive any compensation from an insurer for effecting insurance upon controlled business unless during the preceding 12 months the producer had effected other insurance with aggregate premiums exceeding the premiums on the controlled business.
(3) This section does not apply to title insurance.