{"data":{"id":"us-ut/utah-code-31a-26-404","jurisdiction":"us-ut","citation":"Utah Code § 31A-26-404","heading":"Funds that a public adjuster holds.","body":"A public adjuster that receives, accepts, or holds funds on behalf of an insured shall deposit the funds into a trust account within a federally insured depository institution that:\n(1)\n(a) has a branch in this state, if the public adjuster depositing the money is a resident licensee;\n(b) has a branch in the public adjuster's home state, if the public adjuster is a nonresident licensee; or\n(c) has a branch where the loss occurred; and\n(2) the depository institution's primary regulator authorizes to engage in trust business.","path":["Title 31A Insurance Code","Chapter 31A-26 Insurance Adjusters","Part 31A-26-4 Public Adjusters"],"source_url":"https://le.utah.gov/xcode/Title31A/Chapter26/31A-26-S404.html","current_through":"2026 General Session","vintage":"","retrieved_at":"2026-09-03T11:34:33Z","sha256":"7932ba9f16b3c6ce90e7a721b95c635778e5561ce075132f1a9ac94b1776ece3","source_id":"us-ut","stale":false,"prev":"us-ut/utah-code-31a-26-403.1","next":"us-ut/utah-code-31a-26-405"},"notice":"GroundRules: Original legal text. Not legal advice."}