{"data":{"id":"us-ut/utah-code-31a-37-403","jurisdiction":"us-ut","citation":"Utah Code § 31A-37-403","heading":"Participants in sponsored captive insurance companies.","body":"(1) Any of the following may be a participant in a sponsored captive insurance company holding a certificate of authority under this chapter:\n(a) an association;\n(b) a corporation that is for profit or nonprofit;\n(c) a limited liability company;\n(d) a partnership;\n(e) a trust; or\n(f) any other business entity.\n(2) A sponsor may be a participant in a sponsored captive insurance company.\n(3) A participant need not be:\n(a) a shareholder of the sponsored captive insurance company; or\n(b) an affiliate of the sponsored captive insurance company.","path":["Title 31A Insurance Code","Chapter 31A-37 Captive Insurance Companies Act","Part 31A-37-4 Sponsored Captive Insurance Companies"],"source_url":"https://le.utah.gov/xcode/Title31A/Chapter37/31A-37-S403.html","current_through":"2026 General Session","vintage":"","retrieved_at":"2026-09-03T11:34:33Z","sha256":"9f8c92b64209ae88b7ece5fb240be445e53e231cc61d65808e370a3c025fcf7a","source_id":"us-ut","stale":false,"prev":"us-ut/utah-code-31a-37-402","next":"us-ut/utah-code-31a-37-404"},"notice":"GroundRules: Original legal text. Not legal advice."}