| << Previous Section (31A-13-109) | Next Section (31A-14-102) >> |
Insurance Code | |
Foreign Insurers | |
Section 101 | Purposes of chapter. |
|
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 |
| << Previous Section (31A-13-109) | Next Section (31A-14-102) >> |