Utah Admin. Code 590-70-11

Current through Bulletin 2024-19, October 1, 2024
Section R590-70-11 - Acquisition of Subsection 31A-16-103(1)(f)(i) Insurers
(1) If a person being acquired is a "domestic insurer" under Subsection 31A-16-103(1)(f)(i), the name of the domestic insurer on the cover page should be indicated as "ABC Insurance Company, a subsidiary of XYZ Holding Company."
(2) When a Subsection 31A-16-103(1)(f)(i) insurer is being acquired, references to "the insurer" contained in the F o r m A shall refer to the domestic subsidiary insurer and the person being acquired.

Utah Admin. Code R590-70-11

Adopted by Utah State Bulletin Number 2017-3, effective 1/10/2017
Amended by Utah State Bulletin Number 2021-21, effective 10/25/2021