Utah Admin. Code R590-116-2 - Purpose and Scope
Current through Bulletin No. 2021-18, September 15, 2021
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A. The purpose of this rule is to comply with the statutory requirement of Subsection 31A-17-401(4), to adopt a rule for the valuation of insurer assets. The values established under this rule shall be used to determine compliance with other financial requirements of the Insurance Code.
B. This rule shall apply to all persons transacting insurance under the Utah Insurance Code.