Utah Administrative Code (Current through November 1, 2019) |
R590. Insurance, Administration |
R590-265. Hazardous Financial Condition Rule |
R590-265-1. Authority
Latest version.
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This rule is promulgated by the Insurance Commissioner pursuant to Utah Insurance Code Sections:
(1) 31A-2-201, which authorizes the commissioner to make rules to implement the provisions of Title 31A; and
(2) 31A-27-503(1)(a)(v)and 31A-27a-101(3)(c), which authorize the commissioner to make rules pertaining to an insurer deemed to be in hazardous financial condition or potentially hazardous financial condition.