2006 Utah Code - 31A-36-103 — Law governing.

     31A-36-103.   Law governing.
     If there is more than one viator on a single policy and the viators are residents of different states, the law of the state in which the viator having the largest percentage ownership resides governs the viatical settlement. If the viators own equal fractions of a policy, the viators may agree in writing that the law of the state in which one resides governs the viatical settlement.

Enacted by Chapter 81, 2003 General Session