2012 Utah Code
Title 31A - Insurance Code
Article 13 - Employee Welfare Funds and Plans
Section 107 - Commissioner's remedies.
If the trustees of any employee welfare fund have failed to register the fund in accordance with Section 31A-13-103, or otherwise fail to comply with this chapter, the commissioner shall notify the employers of the failure. In addition to ordering compliance under Subsection 31A-2-201(4), the commissioner may:
(1) order the employers to stop making payments to the trustees until the employers are notified by the commissioner that the trustees are in compliance with this chapter; or
(2) rehabilitate or liquidate the employee welfare fund under Chapter 27a, Insurer Receivership Act.
Amended by Chapter 309, 2007 General Session
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.