Utah Admin. Code R590-133-3 - Definitions
Terms used in this rule are defined in Section 31A-1-301. Additional terms are defined as follows:
(1)
"Variable contract" means a life insurance policy or an annuity contract that
provides a benefit that may vary according to the investment experience of any
separate account the insurer establishes and maintains under Sections
31A-5-217
and
31A-18-102.
(2) "Variable contract producer" means a
licensed producer with a variable contracts line of authority.
Notes
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