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UTAH STATUTES AND CODES
31A-4-105 - Deposit required from domestic insurers.
31A-4-105. Deposit required from domestic insurers.
Domestic insurers organized or operating under Chapter 5, 7, or 9 shall maintain a depositunder Section 31A-2-206 in the amount of the insurer's required capital for stock insurers, orminimum permanent surplus for mutuals. The commissioner may not issue a certificate ofauthority to an insurer operating under one of these chapters until the insurer complies with thissection.
Domestic insurers organized or operating under Chapter 5, 7, or 9 shall maintain a depositunder Section 31A-2-206 in the amount of the insurer's required capital for stock insurers, orminimum permanent surplus for mutuals. The commissioner may not issue a certificate ofauthority to an insurer operating under one of these chapters until the insurer complies with thissection.
Amended by Chapter 20, 1995 General Session
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