Section R590-157-4 - Stamping Fee Amounts(1) Pursuant to Subsection 31A-15-103(11)(d), the stamping fee for the examination of a surplus lines transaction is 0.18% of the policy premium payable.(2) A late surplus lines stamping fee payment may be subject to late fees of:(a) 25% of the stamping fee due;(b) 1.5% per month from the time of default until the stamping fee is paid in full; and(c) a minimum of $10 if the amounts in Subsections (2)(a) and (2)(b) total less than $10.(3) A courtesy filing fee may not be included as a surplus lines premium when computing premium taxes and stamping fees.Utah Admin. Code R590-157-4
Amended by Utah State Bulletin Number 2018-2, effective 1/1/2018Amended by Utah State Bulletin Number 2022-07, effective 3/16/2022