2006 Utah Code - 31A-27-308 — Answering the petition.

     31A-27-308.   Answering the petition.
     (1) The insurer shall answer the petition within five working days after receiving the notice or within any further time which the court may order. If the insurer does not answer timely, the court shall issue a liquidation order under Section 31A-27-310.
     (2) If the insurer answers and objects to the petition, the court shall hear the case as soon as it is convenient, and shall proceed expeditiously to grant or deny the petition.
     (3) (a) A liquidation order may be appealed under the Utah Rules of Civil Procedure and the Utah Rules of Appellate Procedure. The Supreme Court shall give expeditious review of an appeal made under this Subsection (3)(a).
     (b) An existing rehabilitation order shall remain in effect during the appeal of a liquidation order under Subsection (3)(a).

Amended by Chapter 185, 1997 General Session