Utah Administrative Code (Current through November 1, 2019) |
R590. Insurance, Administration |
R590-116. Valuation of Assets |
R590-116-1. Authority
Latest version.
-
This rule is adopted pursuant to Subsection 31A-2-201(3), which authorizes rules to implement the Insurance Code, Subsection 31A-17-401(3)(a)(ii), which requires the commissioner to adopt a rule to determine the present value of future income derived from securities issued by an insurer's insurance subsidiaries, and Subsection 31A-17-401(4), which requires the commissioner to adopt rules for the valuation of insurer assets.