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Code · Utah · Title 31A — Insurance Code · Chapter 14

31A-14-217. Revocation of certificate of authority.

90 words·~1 min read·/ut/title-31a/chapter-14/31a-14-217

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31A-14-217. Revocation of certificate of authority.
Whenever there would be grounds for delinquency proceedings under Chapter 27a, Insurer Receivership Act , against a foreign insurer, if the foreign insurer were a domestic insurer, the commissioner may, after any proceeding authorized by Title 63G, Chapter 4, Administrative Procedures Act , revoke, suspend, or limit the foreign insurer's certificate of authority. This action does not affect insurance which has already been issued. The insurer remains subject to regulation until released under Section 31A-14-216 .
Amended by Chapter 382 , 2008 General Session
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