Utah Administrative Code (Current through November 1, 2019) |
R592. Insurance, Title and Escrow Commission |
R592-11. Title Insurance Producer Annual and Controlled Business Reports |
R592-11-1. Authority
Latest version.
-
This rule is promulgated pursuant to:
(1) Section 31A-2-404(2)(a), which requires the Title and Escrow Commission (Commission) to make rules related to title insurance;
(2) Section 31A-23a-413, which requires the annual filing of a report containing a verified statement of the financial condition, transactions, and affairs by an agency title insurance producer and an individual title insurance producer who is not an employee of a title insurer or who has not been designated to an agency title insurance producer;
(3) Subsection 31A-23a-503(8), which requires the annual filing of a controlled business report; and
(4) Subsection 31A-23a-406(1)(g), which requires the maintenance of a physical address in Utah.