R156-38b-301

R156-38b-301. Duties, Functions, and Responsibilities of the Designated Agent

Last amended: 2024Length: 119 wordsOfficial source

Cite as Utah Admin. Code R156-38b-301

In accordance with Subsections 38-1a-202(2) and (4) through (7), the duties, functions, and responsibilities of the designated agent include: (1) designing, developing, hosting, operating, and maintaining the SCR; (2) providing training, marketing, and technical support for the SCR; (3) performing other duties, functions, and responsibilities provided by statute, rule, or contract; and (4) obtaining and maintaining insurance coverage as follows: (a) general liability insurance, which at a minimum shall be the amount established for the designated agent's master contract with the State of Utah; and (b) errors and omissions insurance as required by Subsection 38-1a-202(5), which may be satisfied by the designated agent's current policy that insures its parent company and all subsidiaries in the amount of $5 Million.
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