Utah Statutes

§ 31A-23a-703 — Disclosure.

Utah·Title 31A Insurance Code·Ch. 31A-23a Insurance Marketing - Licensing Producers, Consultants, and Reinsurance Intermediaries·Part 31A-23a-7 Producer Controlled Insurers
The producer, prior to the effective date of the policy, shall deliver written notice to the prospective insured disclosing the relationship between the producer and the controlled insurer. However, if the business is placed through a producer who is not a controlling producer, the controlling producer shall retain in his records a signed commitment from the noncontrolling producer that the noncontrolling producer is aware of the relationship between the insurer and the producer and that the noncontrolling producer has, or will, notify the insured.

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Legislative History

Renumbered and Amended by Chapter 298, 2003 General Session

Nearby Sections

15
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