Utah Statutes
§ 31A-6a-102 — Scope and purposes.
(1)The purposes of this chapter are to:
(1)(a) create a legal framework within which service contracts may be sold in this state;
(1)(b) encourage innovation in the marketing and development of more economical and effective ways of providing services under service contracts, while placing the risk of innovation on the service contract providers rather than on consumers; and
(1)(c) permit and encourage fair and effective competition among different systems of providing and paying for these services.
(2)Service contracts may not be issued, sold, or offered for sale in this state unless the provider has complied with this chapter.
(3)This chapter applies only to a service contract not otherwise exempted from this title by Section 31A-1-103.
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Legislative History
Amended by Chapter 116, 2001 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.