2012 Utah Code
Title 31A - Insurance Code
Article 15 - Unauthorized Insurers, Surplus Lines, and Risk Retention Groups
Section 101 - Purposes.
It is the purpose of this chapter to:
(1) prevent evasion by unauthorized insurers of the regulatory and tax laws of Utah and protect Utah and its residents against loss from that type of evasion;
(2) subject unauthorized insurers and other persons doing an insurance business in Utah to the jurisdiction of the Utah commissioner and courts;
(3) protect authorized insurers from unfair competition by unauthorized insurers; and
(4) provide an orderly method, under reasonable and practical safeguards, for procuring insurance from unauthorized insurers.
Enacted by Chapter 242, 1985 General Session
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