{"data":{"id":"us-ut/utah-code-31a-37-104","jurisdiction":"us-ut","citation":"Utah Code § 31A-37-104","heading":"Applicability of reorganization, receivership, and injunction authority.","body":"(1) Except as provided in Chapter 37a, Special Purpose Financial Captive Insurance Company Act, and Subsection (2), Chapter 27a, Insurer Receivership Act, applies to a captive insurance company formed or holding a certificate of authority under this chapter.\n(2) In the case of a sponsored captive insurance company:\n(a) the assets of a cell may not be used to pay an expense or claim other than one attributable to the cell; and\n(b) the capital and surplus of the sponsored captive insurance company:\n(i) shall at all times be available to pay:\n(A) an expense of the sponsored captive insurance company; or\n(B) a claim against the sponsored captive insurance company; and\n(ii) may not be used to pay an expense or claim attributable to a cell.","path":["Title 31A Insurance Code","Chapter 31A-37 Captive Insurance Companies Act","Part 31A-37-1 General Provisions"],"source_url":"https://le.utah.gov/xcode/Title31A/Chapter37/31A-37-S104.html","current_through":"2026 General Session","vintage":"","retrieved_at":"2026-09-03T11:34:33Z","sha256":"f227eace45d8281fe60c61017c6d3fa435565071f1b48d3d928eb599bdaa4547","source_id":"us-ut","stale":false,"prev":"us-ut/utah-code-31a-37-103","next":"us-ut/utah-code-31a-37-105"},"notice":"GroundRules: Original legal text. Not legal advice."}