Utah Code § 31A-18-117
Conflicts of laws and other standards
Utah · Utah Code Title 31A — Insurance Code · Status: effective
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- Citation
- Utah Code § 31A-18-117, Conflicts of laws and other standards, Utah, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2333507
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Full text
(1) The provisions of this chapter apply if there is a conflict between this chapter and another provision of state statute, except:
(a) Chapter 16, Insurance Holding Companies, purporting to authorize an insurer to make a particular investment, supersedes this chapter if there is a conflict between this chapter and Chapter 16, Insurance Holding Companies; and
(b) Chapter 37, Captive Insurance Companies Act, supersedes this chapter if there is a conflict between this chapter and Chapter 37, Captive Insurance Companies Act.
(2) An insurer shall value the insurer's assets in accordance with the valuation standards of the NAIC to the extent those standards remain consistent with the statutes of this state or the rules or orders of the commissioner.