PocketLaw | Utah Code | Licensing of Third Party Administrators

Licensing of Third Party Administrators

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License and authority from insurers required.

Application for license.

General requirements for license issuance.

Character requirements.

Financial responsibility.

Nonresident jurisdictional agreement.

Form and contents of license.

Revoking, suspending, surrendering, lapsing, limiting, or otherwise terminating a license -- Rulemaking for renewal and reinstatement.

Probation -- Grounds for revocation.

License lapse and voluntary surrender.