31A-14-211 - Restrictions on foreign title insurers. - Utah Statutes

31A-14-211. Restrictions on foreign title insurers.
(1) An authorized foreign title insurer may not insure property in this state except:
(a) through a title insurance producer who is a resident in Utah;
(b) through a bona fide branch office in Utah under the direction and control of the titleinsurer that pays all the expenses of the branch office including compensation of all employees;or
(c) through a subsidiary title insurer authorized to do business in Utah.
(2) This section does not apply to reinsurance.

Amended by Chapter 298, 2003 General Session