2006 Utah Code - 31A-23a-116 — Services performed for unauthorized insurers.

     31A-23a-116.   Services performed for unauthorized insurers.
     (1) A person licensed under Chapter 23a, Insurance Marketing - Licensing Producers, Consultants, and Reinsurance Intermediaries, may not perform any act that assists any person not authorized as an insurer to act as an insurer.
     (2) It is a violation of this section to assist any person purporting to be exempt from state insurance regulation under Section 514 of the Employee Retirement Income Security Act of 1974, unless that person has rebutted the presumption of jurisdiction under Section 31A-1-105.
     (3) It is not a violation of this section:
     (a) to assist persons engaged in self insurance as defined under Section 31A-1-301; or
     (b) for a surplus lines producer to engage in the placement of insurance under Section 31A-15-103.

Renumbered and Amended by Chapter 298, 2003 General Session