Section 1901 – Title.
Effective 7/1/2015 31A-22-1901. Title. This part is known as the “Unclaimed Life Insurance and Annuity Benefits Act.” Enacted by Chapter 259, 2015 General Session
Section 1902 – Definitions.
Effective 5/9/2017 31A-22-1902. Definitions. As used in this part: (1) “Administrator” means the same as that term is defined in Section 67-4a-102. (2) “Asymmetric conduct” means an insurer’s use of the death master file or other similar database before July 1, 2015, in connection with searching for information regarding whether annuitants under the insurer’s annuities […]
Section 1903 – Insurer conduct.
Effective 5/8/2018 31A-22-1903. Insurer conduct. (1) An insurer shall perform a comparison of its insureds’ in-force policies, contracts, and retained asset accounts against a death master file, on at least a semi-annual basis, by using the full death master file once and thereafter using the death master file update files for future comparisons to identify […]