{"data":{"id":"us-ut/utah-code-31a-10-201","jurisdiction":"us-ut","citation":"Utah Code § 31A-10-201","heading":"Definition.","body":"As used in this part:\n(1) \"Nontraditional insurer\" means an insurer incorporated under Chapter 5, Domestic Stock and Mutual Insurance Corporations, or admitted under Chapter 14, Foreign Insurers, that:\n(a) exists for the purpose of aiding and strengthening the following by providing them with annuities:\n(i) nonprofit entities;\n(ii) employees of nonprofit entities;\n(iii) governmental entities; and\n(iv) employees of governmental entities;\n(b) issues only annuities and no other insurance product; and\n(c) does not pay any benefit based on a guarantee as to principal, interest rate, return on investment, mortality, and morbidity.\n(2) \"Nontraditional insurer\" does not include an insurer that provides annuities to persons other than:\n(a) nonprofit entities;\n(b) employees of nonprofit entities;\n(c) governmental entities; and\n(d) employees of governmental entities.","path":["Title 31A Insurance Code","Chapter 31A-10 Annuities","Part 31A-10-2 Nontraditional Insurers"],"source_url":"https://le.utah.gov/xcode/Title31A/Chapter10/31A-10-S201.html","current_through":"2026 General Session","vintage":"","retrieved_at":"2026-09-03T11:34:33Z","sha256":"1c4a83ab71e881599f3caf9c1d020fe5f0fe3a7a9bec5455377f4242770a7168","source_id":"us-ut","stale":false,"prev":"us-ut/utah-code-31a-9-604","next":"us-ut/utah-code-31a-10-202"},"notice":"GroundRules: Original legal text. Not legal advice."}