R590-171-4

R590-171-4. Surplus Line Association of Utah

Last amended: 2024Length: 120 wordsOfficial source

Cite as Utah Admin. Code R590-171-4

(1) The Surplus Line Association of Utah is recognized as the advisory organization of surplus lines producers under Section 31A-15-111. (2) A licensed surplus lines producer shall be a member of the Surplus Line Association of Utah. (3) The Surplus Line Association of Utah is authorized to: (a) facilitate and encourage compliance by its members with: (i) the laws of Utah; and (ii) the rules of the commissioner related to surplus lines insurance; (b) act in other matters specified by Section 31A-15-111; (c) conduct the examination of a surplus lines transaction under Subsection 31A-15-103(11); (d) determine if a surplus lines transaction complies with Subsection 31A-15-103(11) and with Sections R590-171-6 and R590-171-7; and (e) collect the stamping fee under Subsection 31A-15-103(11)(d).
R590-171-4: R590-171-4. Surplus Line Association of Utah | Justis AI