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UTAH STATUTES AND CODES
31A-14-217 - Revocation of certificate of authority.
31A-14-217. Revocation of certificate of authority.
Whenever there would be grounds for delinquency proceedings under Chapter 27a,Insurer Receivership Act, against a foreign insurer, if the foreign insurer were a domestic insurer,the commissioner may, after any proceeding authorized by Title 63G, Chapter 4, AdministrativeProcedures Act, revoke, suspend, or limit the foreign insurer's certificate of authority. Thisaction does not affect insurance which has already been issued. The insurer remains subject toregulation until released under Section 31A-14-216.
Whenever there would be grounds for delinquency proceedings under Chapter 27a,Insurer Receivership Act, against a foreign insurer, if the foreign insurer were a domestic insurer,the commissioner may, after any proceeding authorized by Title 63G, Chapter 4, AdministrativeProcedures Act, revoke, suspend, or limit the foreign insurer's certificate of authority. Thisaction does not affect insurance which has already been issued. The insurer remains subject toregulation until released under Section 31A-14-216.
Amended by Chapter 382, 2008 General Session
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