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Insurance Code | |
Title Insurance Recovery, Education, and Research Fund Act | |
Section 302 | Department's authority to act upon receipt of petition. |
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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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