Utah Admin. Code 590-166-4

Current through Bulletin 2024-19, October 1, 2024
Section R590-166-4 - Exemption from Requirements of Title 31A, 6a
(1) Upon registering, a home protection company that does not maintain a reimbursement insurance policy shall maintain a security deposit, a surety bond, or an irrevocable letter of credit.
(2) A home protection company that maintains a security deposit, a surety bond, or an irrevocable letter of credit is exempt from the requirements of Subsections 31A-6a-103(1)(a) and (b), 31A-6a-103(2)(b)(iv), 31A-6a-104(1)(a) and (b), 31A-6a-104(2)(a)(i), and 31A-6a-104(3)(a)(i).

Utah Admin. Code R590-166-4

Amended by Utah State Bulletin Number 2022-04, effective 2/8/2022