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2012 Utah Code
Title 31A - Insurance Code
Article 14 - Foreign Insurers
Section 101 - Purposes of chapter.
Universal Citation:
UT Code ยง 31A-14-101 (2012)
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31A-14-101. Purposes of chapter.
This chapter's purposes are to:
(1) protect insureds, creditors, and the public by providing adequate standards and an orderly procedure for the authorization of foreign insurers;
(2) subject foreign insurers doing an insurance business in Utah to the jurisdiction of the Utah commissioner and courts; and
(3) provide Utah policyholders dealing with foreign insurers with regulatory protection equivalent to that provided to Utah policyholders dealing with domestic insurers.
Enacted by Chapter 242, 1985 General Session
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