31A-25-102. Scope and purposes.
(1) This chapter applies to all third party administrators.
(2) The purposes of this chapter include:
(a) encouraging disclosure of contracts between insurers and third party administrators,
both to potential insureds and to the commissioner;
(b) promoting the financial responsibility of third party administrators;
(c) subjecting persons administering insurance in Utah to the jurisdiction of the Utah
commissioner and courts;
(d) regulating third party administrators' practices in conformity with the general purposes
of this title; and
(e) governing the qualifications and procedures for the licensing of third party
administrators.
Amended by Chapter 116, 2001 General Session
Download Code Section Zipped WordPerfect 31A25_010200.ZIP 1,868 Bytes
Sections in this Chapter|Chapters in this Title|All Titles|Legislative Home Page
Last revised: Thursday, May 28, 2009