There Is a Newer Version of the Utah Code
2011 Utah Code
Title 31A Insurance Code
Chapter 23a Insurance Marketing - Licensing Producers, Consultants, and Reinsurance Intermediaries
Section 411.1 Person's liability if premium received is not forwarded to the insurer.
31A-23a-411.1. Person's liability if premium received is not forwarded to the insurer.A person commits insurance fraud as described in Subsection 31A-31-103(1)(f) if that person knowingly fails to forward to the insurer a premium:
(1) received from one of the following in partial or total payment of the premium due from:
(a) an applicant;
(b) a policyholder; or
(c) a certificate holder; or
(2) collected from or on behalf of an insured employee under an insured employee benefit plan.
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