Utah § 67-4a-209 Deposit account for proceeds of insurance policy or annuity contract.

Utah Statutes

§ 67-4a-209 — Deposit account for proceeds of insurance policy or annuity contract.

Utah § 67-4a-209

Title 67State Officers and Employees

Ch. 67-4aRevised Uniform Unclaimed Property Act

Part 67-4a-2Presumption of Abandonment

This text of Utah § 67-4a-209 (Deposit account for proceeds of insurance policy or annuity contract.) 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. § 67-4a-209 (2026).

Text

If proceeds payable under a life or endowment insurance policy or annuity contract are deposited into an account with check- or draft-writing privileges for the beneficiary of the policy or contract and, under a supplementary contract not involving annuity benefits other than death benefits, the proceeds are retained by the insurance company, the financial organization, or the banking organization where the account is held, the policy or contract includes the assets in the account.

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If proceeds payable under a life or endowment insurance policy or annuity contract are deposited into an account with check- or draft-writing privileges for the beneficiary of the policy or contract and, under a supplementary contract not involving annuity benefits other than death benefits, the proceeds are retained by the insurance company, the financial organization, or the banking organization where the account is held, the policy or contract includes the assets in the account.