Utah Admin. Code R590-157-5 - Authorized Agency

(1) The commissioner authorizes the Surplus Line Association to act as the commissioner's agent for:
(a) collecting and remitting the premium tax imposed under Section 31A-3-301 on an insurance transaction subject to Sections 31A-15-103, 31A-15-104, and 31A-15-106;
(b) examining surplus lines transactions under Section 31A-15-111;
(c) collecting the stamping fee authorized under Subsection 31A-15-103(11); and
(d) prescribing the forms and procedures that surplus lines producers may use.
(2) The Surplus Line Association shall remit all premium taxes it collects according to Section R590-157-6.

Notes

Utah Admin. Code R590-157-5
Amended by Utah State Bulletin Number 2022-07, effective 3/16/2022

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