31A-22-505 - Association groups. - Utah Statutes

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Statutes > Utah > Title-31a > Chapter-22 > 31a-22-505

31A-22-505. Association groups.
A policy issued as policyholder to an association or to the trustees of a fund established,created, or maintained for the benefit of members of one or more associations with a minimummembership of 100 persons, a constitution and bylaws, and which has been in active existence forat least two years, is subject to the following requirements:
(1) The policy may insure members and employees of the association, employees of themembers, one or more of the preceding entities, or all of any classes of these named entities forthe benefit of persons other than the employees' employer, or any officials, representatives,trustees, or agents of the employer or association.
(2) The premiums shall be paid by the policyholder from funds contributed by theassociations, by employer members, from funds contributed by the covered persons, or from anycombination of these. Except as provided under Section 31A-22-512, a policy on which no partof the premium is contributed by the covered persons, specifically for their insurance, is requiredto insure all eligible persons.

Enacted by Chapter 242, 1985 General Session

State Codes and Statutes

Statutes > Utah > Title-31a > Chapter-22 > 31a-22-505

31A-22-505. Association groups.
A policy issued as policyholder to an association or to the trustees of a fund established,created, or maintained for the benefit of members of one or more associations with a minimummembership of 100 persons, a constitution and bylaws, and which has been in active existence forat least two years, is subject to the following requirements:
(1) The policy may insure members and employees of the association, employees of themembers, one or more of the preceding entities, or all of any classes of these named entities forthe benefit of persons other than the employees' employer, or any officials, representatives,trustees, or agents of the employer or association.
(2) The premiums shall be paid by the policyholder from funds contributed by theassociations, by employer members, from funds contributed by the covered persons, or from anycombination of these. Except as provided under Section 31A-22-512, a policy on which no partof the premium is contributed by the covered persons, specifically for their insurance, is requiredto insure all eligible persons.

Enacted by Chapter 242, 1985 General Session

State Codes and Statutes

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State Codes and Statutes

Statutes > Utah > Title-31a > Chapter-22 > 31a-22-505

31A-22-505. Association groups.
A policy issued as policyholder to an association or to the trustees of a fund established,created, or maintained for the benefit of members of one or more associations with a minimummembership of 100 persons, a constitution and bylaws, and which has been in active existence forat least two years, is subject to the following requirements:
(1) The policy may insure members and employees of the association, employees of themembers, one or more of the preceding entities, or all of any classes of these named entities forthe benefit of persons other than the employees' employer, or any officials, representatives,trustees, or agents of the employer or association.
(2) The premiums shall be paid by the policyholder from funds contributed by theassociations, by employer members, from funds contributed by the covered persons, or from anycombination of these. Except as provided under Section 31A-22-512, a policy on which no partof the premium is contributed by the covered persons, specifically for their insurance, is requiredto insure all eligible persons.

Enacted by Chapter 242, 1985 General Session