Utah Statutes

§ 31A-25-401 — Compensation not to be contingent on claims expense.

Utah·Title 31A Insurance Code·Ch. 31A-25 Third Party Administrators·Part 31A-25-4 Compensation of Third Party Administrators
The compensation paid to a third party administrator for any policies under which the third party administrator adjusts or settles claims may be contingent on claims experience only if the third party administrator discloses to the person whose plan is being administered any conflicts of interest which are present on account of the compensation arrangement.

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Utah § 31A-25-401 (Compensation not to be contingent on claims expense.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Enacted by Chapter 242, 1985 General Session

Nearby Sections

15
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