Utah Statutes
§ 31A-27a-901 — Ancillary conservation of foreign insurers.
Utah·Title 31A Insurance Code·Ch. 31A-27a Insurer Receivership Act·Part 31A-27a-9 Interstate Relations
(1)The commissioner may initiate an action against a foreign insurer pursuant to Section 31A-27a-201 on any of the grounds stated in that section or on the basis that:
(1)(a) any of the foreign insurer's property is sequestered, garnished, or seized by official action in its domiciliary state or in any other state;
(1)(b) (1)(b)(i) the foreign insurer's certificate of authority to do business in this state is revoked or a certificate of authority is never issued; and
(1)(b)(ii) there is a resident of this state with an unpaid claim or in-force policy; or
(1)(c) it is necessary to enforce a stay under Chapter 28, Guaranty Associations.
(2)If a domiciliary receiver is appointed, the commissioner may initiate an action against a foreign insurer under this section only with the consent of t
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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.