{"data":{"id":"us-ut/utah-code-31a-16-101","jurisdiction":"us-ut","citation":"Utah Code § 31A-16-101","heading":"Scope and purpose of chapter.","body":"(1) This chapter applies to all persons doing an insurance business in Utah.\n(2) The purposes of this chapter include:\n(a) exercising surveillance over the acquisition of a domestic insurer, to ensure that in the process of making it part of an insurance holding company system, the interests of policyholders, shareholders, and the public are not harmed;\n(b) providing the regulatory monitoring of those intercorporate relationships and transactions among affiliates within an insurance holding company system that may affect the solidity of insurers;\n(c) controlling the payment of dividends that might affect the solidity of insurers; and\n(d) providing, in appropriate cases, recoupment of dividends paid.","path":["Title 31A Insurance Code","Chapter 31A-16 Insurance Holding Companies"],"source_url":"https://le.utah.gov/xcode/Title31A/Chapter16/31A-16-S101.html","current_through":"2026 General Session","vintage":"","retrieved_at":"2026-09-03T11:34:33Z","sha256":"8202ef8f3522d7ed65a08c72a954c4a991e92e3aa1a8a49c0c8cdfb3180d3b9a","source_id":"us-ut","stale":false,"prev":"us-ut/utah-code-31a-15-214","next":"us-ut/utah-code-31a-16-102.5"},"notice":"GroundRules: Original legal text. Not legal advice."}