{"data":{"id":"us-ut/utah-code-31a-44-504","jurisdiction":"us-ut","citation":"Utah Code § 31A-44-504","heading":"Bond.","body":"A court may refuse to make or vacate an order to rehabilitate a provider's facility under this part if the provider posts a bond that is:\n(1) in an amount that the court determines is equal to the reserve funding the provider needs to fulfill the provider's obligations under all of the continuing care contracts for the facility;\n(2) issued by a recognized surety authorized to do business in the state; and\n(3) executed in favor of the state on behalf of any individual entitled to an entrance fee refund or other damages from the provider.","path":["Title 31A Insurance Code","Chapter 31A-44 Continuing Care Provider Act","Part 31A-44-5 Rehabilitation and Liquidation"],"source_url":"https://le.utah.gov/xcode/Title31A/Chapter44/31A-44-S504.html","current_through":"2026 General Session","vintage":"","retrieved_at":"2026-09-03T11:34:33Z","sha256":"6b251bbcd743176f9f9ce69a9ddfae662b994b0a225734bc24f2b63bfe8888c3","source_id":"us-ut","stale":false,"prev":"us-ut/utah-code-31a-44-502","next":"us-ut/utah-code-31a-44-505"},"notice":"GroundRules: Original legal text. Not legal advice."}