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Utah · Through 2026 General Session

Utah Code § 31A-14-215: Assessment by foreign company.

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Where this section sits in the code
  1. Title 31A Insurance Code
  2. Chapter 31A-14 Foreign Insurers
  3. Part 31A-14-2 Authorization of Foreign Insurers

Every foreign mutual insurer authorized in this state shall notify the commissioner immediately after making an assessment upon any of its members in this state. The insurer shall attach to the notice a statement of the condition of the insurer, giving the facts showing the necessity for the assessment. Unless the commissioner orders otherwise under a Chapter 27, Part 5, Administrative Actions, proceeding, a foreign mutual insurer authorized in this state may not make or increase any assessment because of its inability to collect assessments from its members in other states.

Collected 2026-09-03T11:34:33Z. Source file · JSON

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