Utah Statutes

§ 31A-27a-406 — Notice to creditors and others.

Utah·Title 31A Insurance Code·Ch. 31A-27a Insurer Receivership Act·Part 31A-27a-4 Liquidation
(1)Unless the receivership court otherwise directs, the liquidator shall give or cause to be given notice of the liquidation order as soon as possible:
(1)(a) by first-class mail or electronic communication as permitted by the receivership court to the following at their last-known address:
(1)(a)(i) all of the insurer's agents, brokers, or producers of record with a current appointment or current license to represent the insurer; and
(1)(a)(ii) all other agents, brokers, or producers that the liquidator considers appropriate;
(1)(b) by first-class mail or electronic communication as permitted by the receivership court to:
(1)(b)(i) all current policyholders;
(1)(b)(ii) all pending claimants; and
(1)(b)(iii) as determined by the receivership court, former policyholders and other creditor

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Legislative History

Amended by Chapter 388, 2009 General Session

Nearby Sections

15
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