No. 37033 (5-year Review): Rule R590-242. Military Sales Practices  

  • DAR File No.: 37033
    Filed: 11/07/2012 08:38:42 AM

    NOTICE OF REVIEW AND STATEMENT OF CONTINUATION

    Concise explanation of the particular statutory provisions under which the rule is enacted and how these provisions authorize or require the rule:

    Subsection 31A-2-201(3)(a) authorizes the commissioner to implement the provisions of Title 31A by rule. Subsection 31A-23a-402(8)(a) authorizes the commissioner to implement rules after a finding of fact that determines certain actions to be unfair or deceptive method of competition in the business of insurance.

    Summary of written comments received during and since the last five-year review of the rule from interested persons supporting or opposing the rule:

    The department has not received any written comments regarding this rule in the past five years.

    Reasoned justification for continuation of the rule, including reasons why the agency disagrees with comments in opposition to the rule, if any:

    This rule is necessary to set forth standards to protect active duty service members of the United States Armed Forces from dishonest and predatory insurance sales practices by declaring certain practices to be false, misleading, deceptive, or unfair. Therefore, this rule should be continued.

    The full text of this rule may be inspected, during regular business hours, at the Division of Administrative Rules, or at:

    Insurance
    Administration
    Room 3110 STATE OFFICE BLDG
    450 N MAIN ST
    SALT LAKE CITY, UT 84114-1201

    Direct questions regarding this rule to:

    Authorized by:

    Neal Gooch, Commissioner

    Effective:

    11/07/2012


Document Information

Effective Date:
11/7/2012
Publication Date:
12/01/2012
Filed Date:
11/07/2012
Agencies:
Insurance,Administration
Authorized By:
Neal Gooch, Commissioner
DAR File No.:
37033
Related Chapter/Rule NO.: (1)
R590-242. Military Sales Practices.