There Is a Newer Version of the Utah Code
  1. 2025 Utah Code
  2. 2024 Utah Code
  3. 2023 Utah Code
  4. 2011 Utah Code (here)
  5. View All Versions
View Our Newest Version Here

2011 Utah Code
Title 31A Insurance Code
Chapter 23a Insurance Marketing - Licensing Producers, Consultants, and Reinsurance Intermediaries
Section 804 Duties of insurers utilizing the services of a reinsurance intermediary-broker.

31A-23a-804. Duties of insurers utilizing the services of a reinsurance intermediary-broker.
(1) An insurer may not engage the services of any person, firm, association, or corporation to act as a reinsurance intermediary-broker on its behalf unless the person is licensed as required by Subsection 31A-23a-801(1).
(2) An insurer may not employ an individual who is employed by a reinsurance intermediary-broker with which it transacts business, unless the reinsurance intermediary-broker is under common control with the insurer and subject to Title 31A, Chapter 16, Insurance Holding Companies.
(3) The insurer shall annually obtain a copy of statements of the financial condition of each reinsurance intermediary-broker with which it transacts business.

Disclaimer: These codes may not be the most recent version. Utah may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.