Utah Admin. Code R590-171-4 - Surplus Line Association of Utah
(1) The Surplus Line Association of Utah is
recognized as the advisory organization of surplus lines producers under
Section 31A-15-111.
(2) A licensed surplus lines producer shall
be a member of the Surplus Line Association of Utah.
(3) The Surplus Line Association of Utah is
authorized to:
(a) facilitate and encourage
compliance by its members with:
(i) the laws
of Utah; and
(ii) the rules of the
commissioner related to surplus lines insurance;
(b) act in other matters specified by Section
31A-15-111;
(c) conduct the
examination of a surplus lines transaction under Subsection
31A-15-103(11);
(d) determine if a surplus lines transaction
complies with Subsection
31A-15-103(11)
and with Sections R590-171-6 and
R590-171-7; and
(e) collect the stamping fee under Subsection
31A-15-103(11)(d).
Notes
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