31A-13-107. 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
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Last revised: Thursday, May 28, 2009