Utah Statutes

§ 31A-26-205 — Character requirements.

Utah·Title 31A Insurance Code·Ch. 31A-26 Insurance Adjusters·Part 31A-26-2 Licensing and Registration of Insurance Adjusters

Each applicant for a license under this chapter shall show to the commissioner that:

(1)the applicant has the good faith intent to engage in the type of business the license or licenses applied for 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 an organization, all the partners, directors, principal officers, or persons in fact having comparable powers are trustworthy, and that the applicant will transact business in such a way that all acts that may only be performed by a licensed adjuster are performed exclusively by natural persons who are licensed under this chapter to transact that business and listed on the organization's license under Section 31A-26-209; and
(3)if a natural person, the applicant is at l

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

Utah § 31A-26-205 (Character requirements.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Amended by Chapter 319, 2018 General Session

Nearby Sections

15
View on official source ↗