Effective 5/14/2019 31A-37-103. Chapter exclusivity. (1) Except as provided in Subsections (2) and (3) or otherwise provided in this chapter, a provision of this title other than this chapter does not apply to a captive insurance company. (2) To the extent that a provision of the following does not contradict this chapter, the provision applies […]
31A-37-104. Applicability of reorganization, receivership, and injunction authority. (1) Except as provided in Chapter 37a, Special Purpose Financial Captive Insurance Company Act, and Subsection (2), Chapter 27a, Insurer Receivership Act, applies to a captive insurance company formed or holding a certificate of authority under this chapter. (2) In the case of a sponsored captive insurance […]
31A-37-105. Operation of a branch captive insurance company. Except as otherwise provided in this chapter, a branch captive insurance company shall be a pure captive insurance company with respect to operations in this state, unless otherwise permitted by the commissioner under Section 31A-37-106. Amended by Chapter 297, 2011 General Session
Effective 5/14/2019 31A-37-106. Authority to make rules — Authority to issue orders. (1) In accordance with Title 63G, Chapter 3, Utah Administrative Rulemaking Act, the commissioner may adopt rules to: (a) determine circumstances under which a branch captive insurance company is not required to be a pure captive insurance company; (b) require a statement, document, […]
