Utah Statutes
§ 31A-41-304 — Insufficient funds to satisfy judgment.
Utah § 31A-41-304
JurisdictionUtah
Title 31AInsurance Code
Ch. 31A-41Title Insurance Recovery, Education, and Research Fund Act
Part 31A-41-3Claims on Fund
This text of Utah § 31A-41-304 (Insufficient funds to satisfy judgment.) 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-41-304 (2026).
Text
If the money in the fund is insufficient to satisfy a claim ordered to be paid under Section 31A-41-303, when sufficient money is in the fund, the department shall pay a person with an unpaid claim:
(1)in the order that petitions related to unpaid claims are originally served on the department; and
(2)an amount equal to the sum of:
(2)(a) the unpaid claim; and
(2)(b) interest on the unpaid claim at a rate of 5% per annum from the date the court orders payment from the fund until the day on which the claim is paid.
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Legislative History
Amended by Chapter 342, 2011 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-41-304, Counsel Stack Legal Research, https://law.counselstack.com/statute/ut/31A-41-304.