31A-21-103 - Capacity to contract. - Utah Statutes

31A-21-103. Capacity to contract.
Any person 16 years of age or older who is otherwise competent to contract under Utahlaw, and who is not subject to any legal disability, may contract for insurance. If there is aconservator appointed under Title 75, the conservator, rather than the person whose property issubject to the conservatorship, may contract for insurance to protect the property underconservatorship. In the case of a conservatorship over the person or property of a person under16 years of age, the conservator may invest funds of the estate in life or accident and healthinsurance or annuity contracts, but only with the approval of the court having jurisdiction over theconservatorship.

Amended by Chapter 116, 2001 General Session