31A-22-501. Eligible groups.
68 words·~1 min read·
/ut/title-31a/chapter-22/31a-22-501A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Effective 5/5/2021
31A-22-501. Eligible groups.
A group insurance policy offering life insurance or a blanket insurance policy offering life insurance may not be delivered in Utah unless the insured group:
(1)falls within at least one of the classifications under Sections 31A-22-501.1 through 31A-22-509 ; and
(2)is formed and maintained in good faith for purposes other than obtaining insurance.
Amended by Chapter 252 , 2021 General Session