Insurance Code
Title Insurance Recovery, Education, and Research Fund Act
Section 302
Department's authority to act upon receipt of petition.
     31A-41-302.   Department's authority to act upon receipt of petition.
     (1) Upon receipt of a petition required by Section 31A-41-301, the department may answer, initiate review proceedings of its own, or appear in any proceeding:
     (a) in the name of the defendant to the action; or
     (b) on behalf of the fund.
     (2) Subject to court approval, the department may compromise a claim on the basis of an application of the person who files the petition.

Enacted by Chapter 220, 2008 General Session
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