Utah Statutes

§ 31A-37a-103 — Applicable law.

Utah·Title 31A Insurance Code·Ch. 31A-37a Special Purpose Financial Captive Insurance Company Act·Part 31A-37a-1 General Provisions
(1)(1)(a) A special purpose financial captive insurance company is subject to:
(1)(a)(i) this chapter; and
(1)(a)(ii) Chapter 37, Captive Insurance Companies Act.
(1)(b) If there is a conflict between this chapter and Chapter 37, Captive Insurance Companies Act, this chapter controls.
(2)A special purpose financial captive insurance company is subject to a rule made under Section 31A-37-106 that is in effect on or after May 5, 2008.
(3)The commissioner may, by order, exempt a special purpose financial captive insurance company from a provision of Chapter 37, Captive Insurance Companies Act, or a rule made under Section 31A-37-106 if the commissioner determines that the application of the provision or rule is inappropriate on the basis of the special purpose financial captive insurance c

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Legislative History

Enacted by Chapter 302, 2008 General Session

Nearby Sections

15
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