Utah Statutes
§ 31A-37-403 — Participants in sponsored captive insurance companies.
Utah § 31A-37-403
JurisdictionUtah
Title 31AInsurance Code
Ch. 31A-37Captive Insurance Companies Act
Part 31A-37-4Sponsored Captive Insurance Companies
This text of Utah § 31A-37-403 (Participants in sponsored captive insurance companies.) is published on Counsel Stack Legal Research, covering Utah primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Utah Code Ann. § 31A-37-403 (2026).
Text
(1)Any of the following may be a participant in a sponsored captive insurance company holding a certificate of authority under this chapter:
(1)(a) an association;
(1)(b) a corporation that is for profit or nonprofit;
(1)(c) a limited liability company;
(1)(d) a partnership;
(1)(e) a trust; or
(1)(f) any other business entity.
(2)A sponsor may be a participant in a sponsored captive insurance company.
(3)A participant need not be:
(3)(a) a shareholder of the sponsored captive insurance company; or
(3)(b) an affiliate of the sponsored captive insurance company.
Free access — add to your briefcase to read the full text and ask questions with AI
Legislative History
Amended by Chapter 175, 2025 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.Cite This Page — Counsel Stack
Bluebook (online)
Utah § 31A-37-403, Counsel Stack Legal Research, https://law.counselstack.com/statute/ut/31A-37-403.