Utah Statutes
§ 31A-27a-805 — External audit of the receiver's books.
(1)As used in this section, "books" means:
(1)(a) the business operations of the receiver;
(1)(b) the accounting systems and procedures of the receiver; and
(1)(c) the financial records of the receiver.
(2)(2)(a) The receivership court may, as it considers desirable, order an audit to be made of the books of the receiver relating to any receivership established under this chapter.
(2)(b) A report of each audit under this Subsection (1) shall be filed with:
(2)(b)(i) the commissioner; and
(2)(b)(ii) the receivership court.
(3)The books of the receivership shall be made available to the auditor at any time without notice.
(4)The expense of each audit shall be considered a cost of administration of the receivership.
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Utah § 31A-27a-805 (External audit of the receiver's books.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Enacted by Chapter 309, 2007 General Session
Nearby Sections
15
§ 31A-1-101
Short title.§ 31A-1-102
Purposes.§ 31A-1-103
Scope and applicability of title.§ 31A-1-104
Authorization to do insurance business.§ 31A-1-105
Presumption of jurisdiction.§ 31A-1-106
Residual unlicensed domestic insurers.§ 31A-1-107
Licensees under former Title 31.§ 31A-1-108
Corporations in the process of organizing.§ 31A-1-109
Name of licensee.§ 31A-1-110
Scope of a license.§ 31A-1-201
Construction.§ 31A-1-202
Effect of repeal of former provisions.§ 31A-1-203
Interpretive rules.§ 31A-1-205
Severability.§ 31A-1-301
Definitions.