{"data":{"id":"us-ut/utah-code-31a-37a-202","jurisdiction":"us-ut","citation":"Utah Code § 31A-37a-202","heading":"Revocation, suspension, amendment, or modification of a certificate of authority.","body":"Except as provided in Sections 31A-37a-501 and 31A-37a-502, the commissioner may not revoke, suspend, amend, or modify a certificate of authority issued to a special purpose financial captive insurance company under this chapter or an order issued under Subsection 31A-37a-201(4) unless:\n(1) the special purpose financial captive insurance company consents to the revocation, suspension, amendment, or modification; or\n(2) the commissioner shows by clear and convincing evidence that the revocation, suspension, amendment, or modification is necessary to avoid irreparable harm to:\n(a) a special purpose financial captive insurance company; or\n(b) a ceding insurer.","path":["Title 31A Insurance Code","Chapter 31A-37a Special Purpose Financial Captive Insurance Company Act","Part 31A-37a-2 Certificate of Authority and Operations"],"source_url":"https://le.utah.gov/xcode/Title31A/Chapter37a/31A-37a-S202.html","current_through":"2026 General Session","vintage":"","retrieved_at":"2026-09-03T11:34:33Z","sha256":"c51cfafdfb191d11d0fc22d341441a47796347c21a5e172939a3fb382375d0c8","source_id":"us-ut","stale":false,"prev":"us-ut/utah-code-31a-37a-201","next":"us-ut/utah-code-31a-37a-203"},"notice":"GroundRules: Original legal text. Not legal advice."}
