R590-181-2
R590-181-2. Purpose and Scope
Cite as Utah Admin. Code R590-181-2
(1) The purpose of this rule is to permit an insurer to invest, within the limits prescribed by this rule, in a bond that is:
(a) denominated in U.S. Dollars; and
(b) issued by:
(i) a foreign government;
(ii) an entity backed by a foreign government; or
(iii) a corporation not domiciled in the United States of America.
(2) This rule applies to an insurer or reinsurer doing business in this state.