{"data":{"id":"us-ut/utah-code-31a-19a-302","jurisdiction":"us-ut","citation":"Utah Code § 31A-19a-302","heading":"Licensing of rate service organizations.","body":"(1) A rate service organization applying for a license shall include with its application:\n(a) a copy of its constitution, charter, articles of organization, agreement, association, or incorporation, and a copy of its bylaws, plan of operation, and any other rules or regulations governing the conduct of its business;\n(b) a list of its members and subscribers;\n(c) the name and address of one or more residents of Utah upon whom notices, processes affecting it, or orders of the commissioner may be served;\n(d) a statement explaining in what capacity it plans to function and showing its technical qualifications for acting in the capacity for which it seeks a license;\n(e) biographical information, as defined by the department, of the officers and directors of the organization; and\n(f) any other relevant information and documents that the commissioner requires.\n(2) A rate service organization that applies for a license under Subsection (1) shall promptly notify the commissioner of every material change in the facts or in the documents on which its application was based.\n(3)\n(a) The commissioner shall issue a license specifying the authorized activity of an applicant, if the commissioner finds that:\n(i) the applicant and the natural persons through whom it acts are competent, trustworthy, and technically qualified to provide the services proposed; and\n(ii) all the requirements of law are met.\n(b) The commissioner may not issue a license if the proposed activity would tend to:\n(i) create a monopoly; or\n(ii) lessen or substantially lessen the competition in any market.\n(4)\n(a) Any license issued under this chapter shall be subject to annual renewal.\n(b) A fee shall be charged for the initial license and for renewal. The fee shall be set by the Legislature under Section 31A-3-103.\n(5) Any amendment to a document filed under Subsection (1)(a) shall be filed within at least 30 calendar days after the day the document becomes effective. Failure to comply with this Subsection (5) is a ground for revocation of the license granted under Subsection (3).\n(6) The license of each rate service organization licensed under former Title 31, Chapter 18, is continued under this chapter.","path":["Title 31A Insurance Code","Chapter 31A-19a Utah Rate Regulation Act","Part 31A-19a-3 Rate Service Organizations"],"source_url":"https://le.utah.gov/xcode/Title31A/Chapter19a/31A-19a-S302.html","current_through":"2026 General Session","vintage":"","retrieved_at":"2026-09-03T11:34:33Z","sha256":"8c2c376b31fc4429914f35862445d594b5244d3f62cc7e05cb3d13b2884db7da","source_id":"us-ut","stale":false,"prev":"us-ut/utah-code-31a-19a-301","next":"us-ut/utah-code-31a-19a-303"},"notice":"GroundRules: Original legal text. Not legal advice."}