2006 Utah Code - 31A-27-324 — Recovery of premiums owed.

     31A-27-324.   Recovery of premiums owed.
     (1) An insured is obligated to pay any unpaid earned premium due the insurer at the time of the termination of coverage under Subsection 31A-27-311(1).
     (2) Any person other than the insured who is responsible for the payment of a premium is obligated to pay any unpaid premium, including the amount representing the commission for the full policy term due the insurer at the time of the termination of coverage under Subsection 31A-27-311(1), whether earned or unearned, as shown on the records of the insurer. Credits or setoffs may not be allowed to a producer, or premium finance company for any amounts advanced to the insurer by the producer or premium finance company on behalf of, but in the absence of a payment by, the insured.

Amended by Chapter 298, 2003 General Session