PocketLaw | Utah Code | Risk Retention Groups Act

Risk Retention Groups Act

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Short title.

Definitions.

Risk retention groups chartered in this state.

Risk retention groups not chartered in this state -- Designation of commissioner as agent -- Compliance with unfair claims settlement practices act -- Deceptive, false, or fraudulent practices -- Examination regarding financial condition -- Prohibitions -- Penalties -- Operation prior to enactment of this part.

Guaranty associations.

Countersignatures not required.

Purchasing groups -- Exemption from certain laws.

Purchasing groups -- Notice and registration requirements.

Restrictions on purchasing groups.

Purchasing group taxation.

Enforcement authority.

Duty of producers to obtain license -- Risk retention groups -- Purchasing groups.

Effect of orders issued in U.S. District Court.

Rulemaking.

Severability.