Utah § 73-18c-306 Certificate of self-funded coverage as proof of owner's or operator's security.

Utah Statutes

§ 73-18c-306 — Certificate of self-funded coverage as proof of owner's or operator's security.

Utah § 73-18c-306

Title 73Water and Irrigation

Ch. 73-18cFinancial Responsibility of Motorboat Owners and Operators Act

Part 73-18c-3Owner's or Operator's Security Requirement

This text of Utah § 73-18c-306 (Certificate of self-funded coverage as proof of owner's or operator's security.) 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. § 73-18c-306 (2026).

Text

(1)The division may, upon the application of any person, issue a certificate of self-funded coverage when it is satisfied that the person has:

(1)(a) more than 24 motorboats; and

(1)(b) on deposit, in a form approved by the division, cash or securities in an amount of $200,000 plus $100 for each motorboat up to and including 1,000 motorboats and $50 for each motorboat over 1,000 motorboats.

(2)Persons holding a certificate of self-funded coverage under this chapter shall pay benefits to persons injured from the self-funded person's operation, maintenance, and use of motorboats as would an insurer issuing a policy to the self-funded person containing the coverages under Sections 31A-22-1502 and 31A-22-1503.

(3)In accordance with Title 63G, Chapter 4, Administrative Procedures Act, the d

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(1) The division may, upon the application of any person, issue a certificate of self-funded coverage when it is satisfied that the person has:

(1)(a) more than 24 motorboats; and
(1)(b) on deposit, in a form approved by the division, cash or securities in an amount of $200,000 plus $100 for each motorboat up to and including 1,000 motorboats and $50 for each motorboat over 1,000 motorboats.
(2) Persons holding a certificate of self-funded coverage under this chapter shall pay benefits to persons injured from the self-funded person's operation, maintenance, and use of motorboats as would an insurer issuing a policy to the self-funded person containing the coverages under Sections 31A-22-1502 and 31A-22-1503.
(3) In accordance with Title 63G, Chapter 4, Administrative Procedures Act, the division may, upon reasonable grounds, cancel the certificate. Failure to pay any judgment up to the limit under Subsection 31A-22-1503(2) within 30 days after the judgment is final is a reasonable ground to cancel the certificate.
(4) Any government entity with self-funded coverage for government-owned motorboats under Title 63G, Chapter 7, Governmental Immunity Act of Utah, meets the requirements of this section.