Current through Bulletin 2024-24, December 15, 2024
Section R590-171-4 - Surplus Line Association of Utah(1) The Surplus Line Association of Utah is recognized as the advisory organization of surplus lines producers under Section 31A-15-111.(2) A licensed surplus lines producer shall be a member of the Surplus Line Association of Utah.(3) The Surplus Line Association of Utah is authorized to:(a) facilitate and encourage compliance by its members with:(i) the laws of Utah; and(ii) the rules of the commissioner related to surplus lines insurance;(b) act in other matters specified by Section 31A-15-111;(c) conduct the examination of a surplus lines transaction under Subsection 31A-15-103(11);(d) determine if a surplus lines transaction complies with Subsection 31A-15-103(11) and with Sections R590-171-6 and R590-171-7; and(e) collect the stamping fee under Subsection 31A-15-103(11)(d).Utah Admin. Code R590-171-4
Amended by Utah State Bulletin Number 2024-03, effective 1/24/2024