R590-222-14. Filing Forms

(1)(a) A form used for a life settlement shall be filed with the commissioner before use. (b) A form is a "filed for use" filing when the compliant form is submitted to the department. (c) The following forms shall be filed: (i) life settlement; (ii) disclosure to the owner; (iii) notice of intent to settle; (iv) verification of coverage; and (v) application. (2) A form filing shall include: (a) a cover letter on the licensee's letterhead providing: (i) a list of the forms being filed, by title and identification number; (ii) a description of the filing; and (iii) an indication if the form: (A) is a new filing; or (B) is replacing or modifying a previously filed form, including the changes made, the reason for the changes, and the previous filing's filed date; and (b) a copy of each form to be filed. (3) The form filing and any response shall be submitted by email to life.uid@utah.gov. (4) If a filing is rejected, the filing shall be resubmitted as a new filing. (5) If a filing objection letter is issued, the response shall include: (a) a new cover letter identifying the changes made; and (b) a copy of the revised form. (6) A person may request the status of their filing by email, telephone, or mail after 30 days from the date of submission.