31A-5-109 - Compliance extension. - Utah Statutes

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Statutes > Utah > Title-31a > Chapter-05 > 31a-5-109

31A-5-109. Compliance extension.
If timely adjustment to a particular requirement applicable to a Chapter 5 mutual wouldcause a former county mutual, reciprocal insurer, cooperative association, or mutual benefitassociation hardship, disproportionate expense, or serious inconvenience, the commissioner may,upon the insurer's request, grant an extension for compliance if the interests of insureds and thepublic are not endangered. This extension may not be beyond July 1, 1988. The requirement ofpayment of taxes and fees is not considered a hardship or a disproportionate expense.

Enacted by Chapter 242, 1985 General Session

State Codes and Statutes

Statutes > Utah > Title-31a > Chapter-05 > 31a-5-109

31A-5-109. Compliance extension.
If timely adjustment to a particular requirement applicable to a Chapter 5 mutual wouldcause a former county mutual, reciprocal insurer, cooperative association, or mutual benefitassociation hardship, disproportionate expense, or serious inconvenience, the commissioner may,upon the insurer's request, grant an extension for compliance if the interests of insureds and thepublic are not endangered. This extension may not be beyond July 1, 1988. The requirement ofpayment of taxes and fees is not considered a hardship or a disproportionate expense.

Enacted by Chapter 242, 1985 General Session

State Codes and Statutes

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State Codes and Statutes

Statutes > Utah > Title-31a > Chapter-05 > 31a-5-109

31A-5-109. Compliance extension.
If timely adjustment to a particular requirement applicable to a Chapter 5 mutual wouldcause a former county mutual, reciprocal insurer, cooperative association, or mutual benefitassociation hardship, disproportionate expense, or serious inconvenience, the commissioner may,upon the insurer's request, grant an extension for compliance if the interests of insureds and thepublic are not endangered. This extension may not be beyond July 1, 1988. The requirement ofpayment of taxes and fees is not considered a hardship or a disproportionate expense.

Enacted by Chapter 242, 1985 General Session