Utah Statutes

§ 31A-37-203 — Deceptive name prohibited.

Utah·Title 31A Insurance Code·Ch. 31A-37 Captive Insurance Companies Act·Part 31A-37-2 Certificate of Authority
(1)A captive insurance company may not adopt a name that is:
(1)(a) the same as any other existing business name registered in this state;
(1)(b) deceptively similar to any other existing business name registered in this state; or
(1)(c) likely to be:
(1)(c)(i) confused with any other existing business name registered in this state; or
(1)(c)(ii) mistaken for any other existing business name registered in this state.
(2)An applicant captive insurance company that submits an application for a certificate of authority on or after May 14, 2019, or a captive insurance company that changes its name on or after May 14, 2019, shall include the word "insurance" or a term of equivalent meaning in its name.

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Legislative History

Amended by Chapter 193, 2019 General Session

Nearby Sections

15
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