Utah Administrative Code (Current through November 1, 2019) |
R590. Insurance, Administration |
R590-238. Captive Insurance Companies |
R590-238-8. Notification of Adverse Financial Condition
Latest version.
-
A company shall require its certified public accountant to immediately notify an officer and all members of the board of directors of the company in writing of any determination by the independent certified public accountant that the company has materially misstated its financial condition in its report to the commissioner. The company shall furnish such notification to the commissioner within five working days of receipt thereof.