Utah Administrative Code (Current through November 1, 2019) |
R590. Insurance, Administration |
R590-238. Captive Insurance Companies |
R590-238-18. Change of Information in Initial Application
Latest version.
-
(1) Any material change in a company's business plan that was filed with the commissioner at the time of initial application and any subsequent amendment of the plan requires prior approval of the commissioner.
(2) Any change in any other information filed with the initial application must be filed with the commissioner within sixty days after the change, but does not require prior approval.
(3) The company shall immediately notify the commissioner upon making changes in board members or officers of the company.