Utah Code § 31A-15-101
Purposes
Utah · Utah Code Title 31A — Insurance Code · Status: effective
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- Citation
- Utah Code § 31A-15-101, Purposes, Utah, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2333370
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Full text
It is the purpose of this chapter to:
(1) prevent evasion by unauthorized insurers of the regulatory and tax laws of Utah and protect Utah and its residents against loss from that type of evasion;
(2) subject unauthorized insurers and other persons doing an insurance business in Utah to the jurisdiction of the Utah commissioner and courts;
(3) protect authorized insurers from unfair competition by unauthorized insurers; and
(4) provide an orderly method, under reasonable and practical safeguards, for procuring insurance from unauthorized insurers.