2006 Utah Code - 31A-26-210 — Reports from organizations licensed as adjusters.

     31A-26-210.   Reports from organizations licensed as adjusters.
     (1) Organizations licensed as adjusters under Section 31A-26-203 shall report to the commissioner, at the times and in the detail and form as prescribed by rule, every change in the list of natural person adjusters authorized to act in that position for the organization.
     (2) Each organization licensed as an adjuster shall, at the time of paying its license continuation fee under Subsection 31A-3-103, report to the commissioner, in the form established by the commissioner by rule, all natural person adjusters acting in that position for the organization.
     (3) Organizations licensed under this chapter shall designate and report promptly to the commissioner the name of at least one natural person who has authority to act on behalf of the organization in all matters pertaining to compliance with this title and orders of the commissioner.
     (4) Where a license is held by an organization, both the organization itself and any persons named on the license shall, for purposes of this section, be considered to be the holders of the license. If a person named on the organization license commits any act or fails to perform any duty which is a ground for suspending, revoking, or limiting the organization license, the commissioner may suspend, revoke, or limit the license of that person or the organization, or both.

Amended by Chapter 204, 1986 General Session