{"data":{"id":"us-ut/utah-code-31a-22-1305","jurisdiction":"us-ut","citation":"Utah Code § 31A-22-1305","heading":"Persons authorized to issue annuities.","body":"No person may issue an annuity to another person unless the issuer is:\n(1) an insurer authorized to issue annuities under Chapter 5, Domestic Stock and Mutual Insurance Corporations, Chapter 9, Insurance Fraternals, or Chapter 14, Foreign Insurers;\n(2) a domestic corporation created under Title 16, Chapter 6a, Utah Revised Nonprofit Corporation Act, or other applicable law, or a foreign corporation conducted without profit, which is engaged solely in bona fide charitable, religious, missionary, educational, medical, or philanthropic activities; or\n(3) a natural person who issues an annuity to the person's spouse, children, grandchildren, great-grandchildren, parents, grandparents, uncles, aunts, brothers, sisters, nieces, or nephews, whether those relationships are by birth, marriage, or legal adoption.","path":["Title 31A Insurance Code","Chapter 31A-22 Contracts in Specific Lines","Part 31A-22-13 Miscellaneous Provisions"],"source_url":"https://le.utah.gov/xcode/Title31A/Chapter22/31A-22-S1305.html","current_through":"2026 General Session","vintage":"","retrieved_at":"2026-09-03T11:34:33Z","sha256":"cc655d508cea5b7961eeaf6b0dcfdeb11972613979426c075fbd12fbcae78bf8","source_id":"us-ut","stale":false,"prev":"us-ut/utah-code-31a-22-1303","next":"us-ut/utah-code-31a-22-1306"},"notice":"GroundRules: Original legal text. Not legal advice."}