GroundRules
Utah Code § 31A-3-302: Tax on illegal transactions.
Where this section sits in the code
- Title 31A Insurance Code
- Chapter 31A-3 Department Funding, Fees, and Taxes
- Part 31A-3-3 Taxation of Surplus Lines, Illegal Transactions, and Captive Insurance Companies
An insurance transaction under Chapter 15, Unauthorized Insurers, Surplus Lines, and Risk Retention Groups, which violates the restrictions placed on transactions by that chapter shall be taxed at a rate four percentage points higher than the applicable rate under Section 59-9-101.
Collected 2026-09-03T11:34:33Z. Source file · JSON