Utah Administrative Code (Current through November 1, 2019) |
R590. Insurance, Administration |
R590-244. Individual and Agency Licensing Requirements |
R590-244-2. Purpose and Scope
Latest version.
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(1) The purpose of this rule is to provide standards for:
(a) an individual or agency licensee for:
(i) obtaining, renewing or reinstating a license;
(ii) maintaining any legal liability coverage or surety bond requirements; and
(iii) making other miscellaneous license amendments;
(b) an insurer for the initial appointment or the termination of an appointment of an individual or agency licensee; and
(c) an agency for the initial designation or the termination of a designation of an individual licensee to the agency's license.
(2) Scope.
(a) This rule applies to all individuals and agencies licensed under Chapters 23a, 23b, 25, 26 and 35.
(b) This rule applies to all admitted insurers doing business in Utah.