Utah Administrative Code (Current through November 1, 2019) |
R590. Insurance, Administration |
R590-93. Replacement of Life Insurance and Annuities |
R590-93-1. Authority
Latest version.
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This rule is promulgated pursuant to Subsection 31A-2-201(3)(a) wherein the commissioner may make rules to implement the provisions of Title 31A, Subsection 31A-23a-402(8), which allows the commissioner to define methods of competition and acts and practices found to be unfair or deceptive, and Subsection 31A-22-429, which gives the commissioner authority to require statements regarding existing insurance and adopt the notice regarding replacement.