{"data":{"id":"us-ut/utah-code-31a-22-419","jurisdiction":"us-ut","citation":"Utah Code § 31A-22-419","heading":"Insurer's purchase of and loans on policies.","body":"Any life insurer may purchase for its own benefit any policy of insurance or other obligation of the company and any claim of its policyholders. The insurer may also lend to the holders of policies of the company a sum which does not exceed the sum of the cash value of the policies and the surplus or dividend additions to the policies. The policies and all additions to them shall be security for payment of the loan. An insurer's security interest in a policy under this section need not be filed under Title 70A, Chapter 9a, Uniform Commercial Code - Secured Transactions, to be perfected.","path":["Title 31A Insurance Code","Chapter 31A-22 Contracts in Specific Lines","Part 31A-22-4 Life Insurance and Annuities"],"source_url":"https://le.utah.gov/xcode/Title31A/Chapter22/31A-22-S419.html","current_through":"2026 General Session","vintage":"","retrieved_at":"2026-09-03T11:34:33Z","sha256":"89583357565dcf95f752c459a22342bb651e2a7b0d05869dad3cbdf49c6fdce2","source_id":"us-ut","stale":false,"prev":"us-ut/utah-code-31a-22-418","next":"us-ut/utah-code-31a-22-420"},"notice":"GroundRules: Original legal text. Not legal advice."}
