Utah § 31A-23b-204 Character requirements.

Utah Statutes

§ 31A-23b-204 — Character requirements.

Utah·Title 31A Insurance Code·Ch. 31A-23b Navigator License Act·Part 31A-23b-2 Licensing

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

(1)the applicant has the intent, in good faith, to engage in the practice of a navigator as the license 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 a way that the acts that may only be performed by a licensed navigator are performed only by a natural person who is licensed under this chapter, or Chapter 23a, Insurance Marketing - Licensing Producers, Consultants, and Reinsurance Intermediaries;

(3)the applicant intends to comply with t

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An applicant for a license under this chapter shall demonstrate to the commissioner that:
(1) the applicant has the intent, in good faith, to engage in the practice of a navigator as the license 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 a way that the acts that may only be performed by a licensed navigator are performed only by a natural person who is licensed under this chapter, or Chapter 23a, Insurance Marketing - Licensing Producers, Consultants, and Reinsurance Intermediaries;
(3) the applicant intends to comply with the surety bond requirements of Section 31A-23b-207;
(4) if a natural person, the applicant is at least 18 years of age; and
(5) the applicant does not have a conflict of interest as defined by regulations issued under PPACA.

Utah § 31A-23b-204 (Character requirements.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.