R156-38b-301. Duties, Functions, and Responsibilities of the Designated Agent

  In accordance with Subsections 38-1a-202(2) and (4) through (7), the duties, functions, and responsibilities of the designated agent include:

  (1) designing, developing, hosting, operating, and maintaining the SCR;

  (2) providing training, marketing, and technical support for the SCR;

  (3) performing other duties, functions, and responsibilities provided by statute, rule, or contract; and

  (4) obtaining and maintaining insurance coverage as follows:

  (a) general liability insurance, which at a minimum shall be the amount established for the designated agent's master contract with the State of Utah; and

  (b) errors and omissions insurance as required by Subsection 38-1a-202(5), which may be satisfied by the designated agent's current policy that insures its parent company and all subsidiaries in the amount of $5 Million.