State Codes and Statutes

Statutes > Utah > Title-31a > Chapter-22 > 31a-22-425

31A-22-425. Rulemaking authority for standards related to life insurance andannuities.
In accordance with Title 63G, Chapter 3, Utah Administrative Rulemaking Act, thecommissioner may make rules to establish standards for any of the following:
(1) if used in connection with the solicitation or sale of life insurance policies andcontracts:
(a) a buyer's guide;
(b) a disclosure;
(c) an illustration;
(d) a policy summary; or
(e) a recommendation; and
(2) in a life insurance policy, annuity contract, or life insurance or annuity certificate:
(a) a definition of a term;
(b) a disclosure;
(c) an exclusion; or
(d) a limitation.

Amended by Chapter 382, 2008 General Session