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2011 Utah Code
Title 31A Insurance Code
Chapter 37 Captive Insurance Companies Act
Section 103 Chapter exclusivity.
31A-37-103. Chapter exclusivity.(1) Except as provided in Subsections (2) and (3) or otherwise provided in this chapter, a provision of this title other than this chapter does not apply to a captive insurance company.
(2) To the extent that a provision of the following does not contradict this chapter, the provision applies to a captive insurance company that receives a certificate of authority under this chapter:
(a) Chapter 2, Administration of the Insurance Laws;
(b) Chapter 4, Insurers in General;
(c) Chapter 5, Domestic Stock and Mutual Insurance Corporations;
(d) Chapter 14, Foreign Insurers;
(e) Chapter 16, Insurance Holding Companies;
(f) Chapter 17, Determination of Financial Condition;
(g) Chapter 18, Investments;
(h) Chapter 19a, Utah Rate Regulation Act;
(i) Chapter 27, Delinquency Administrative Action Provisions; and
(j) Chapter 27a, Insurer Receivership Act.
(3) In addition to this chapter, and subject to Section 31A-37a-103:
(a) Chapter 37a, Special Purpose Financial Captive Insurance Company Act, applies to a special purpose financial captive insurance company; and
(b) for purposes of a special purpose financial captive insurance company, a reference in this chapter to "this chapter" includes a reference to Chapter 37a, Special Purpose Financial Captive Insurance Company Act.
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