2006 Utah Code - 31A-25-102 — Scope and purposes.

     31A-25-102.   Scope and purposes.
     (1) This chapter applies to all third party administrators.
     (2) The purposes of this chapter include:
     (a) encouraging disclosure of contracts between insurers and third party administrators, both to potential insureds and to the commissioner;
     (b) promoting the financial responsibility of third party administrators;
     (c) subjecting persons administering insurance in Utah to the jurisdiction of the Utah commissioner and courts;
     (d) regulating third party administrators' practices in conformity with the general purposes of this title; and
     (e) governing the qualifications and procedures for the licensing of third party administrators.

Amended by Chapter 116, 2001 General Session