31A-14-211. Restrictions on foreign title insurers.
(1) An authorized foreign title insurer may not insure property in this state except:
(a) through a title insurance producer who is a resident in Utah;
(b) through a bona fide branch office in Utah under the direction and control of the title
insurer that pays all the expenses of the branch office including compensation of all employees;
or
(c) through a subsidiary title insurer authorized to do business in Utah.
(2) This section does not apply to reinsurance.
Amended by Chapter 298, 2003 General Session
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Last revised: Thursday, May 28, 2009