31A-14-101 - Purposes of chapter. - Utah Statutes

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31A-14-101. Purposes of chapter.
This chapter's purposes are to:
(1) protect insureds, creditors, and the public by providing adequate standards and anorderly procedure for the authorization of foreign insurers;
(2) subject foreign insurers doing an insurance business in Utah to the jurisdiction of theUtah commissioner and courts; and
(3) provide Utah policyholders dealing with foreign insurers with regulatory protectionequivalent to that provided to Utah policyholders dealing with domestic insurers.

Enacted by Chapter 242, 1985 General Session

State Codes and Statutes

Statutes > Utah > Title-31a > Chapter-14 > 31a-14-101

31A-14-101. Purposes of chapter.
This chapter's purposes are to:
(1) protect insureds, creditors, and the public by providing adequate standards and anorderly procedure for the authorization of foreign insurers;
(2) subject foreign insurers doing an insurance business in Utah to the jurisdiction of theUtah commissioner and courts; and
(3) provide Utah policyholders dealing with foreign insurers with regulatory protectionequivalent to that provided to Utah policyholders dealing with domestic insurers.

Enacted by Chapter 242, 1985 General Session

State Codes and Statutes

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State Codes and Statutes

Statutes > Utah > Title-31a > Chapter-14 > 31a-14-101

31A-14-101. Purposes of chapter.
This chapter's purposes are to:
(1) protect insureds, creditors, and the public by providing adequate standards and anorderly procedure for the authorization of foreign insurers;
(2) subject foreign insurers doing an insurance business in Utah to the jurisdiction of theUtah commissioner and courts; and
(3) provide Utah policyholders dealing with foreign insurers with regulatory protectionequivalent to that provided to Utah policyholders dealing with domestic insurers.

Enacted by Chapter 242, 1985 General Session