31A-23a-101. Purposes.
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31A-23a-101. Purposes.
The purposes of this chapter include:
(1)promoting the professional competence of insurance producers, surplus lines producers, limited line producers, consultants, managing general agents, and reinsurance intermediaries;
(2)providing maximum freedom of marketing methods for insurance, consistent with the interests of the Utah public;
(3)preserving and encouraging competition at the consumer level;
(4)regulating insurance marketing practices in conformity with the general purposes of this title;
(5)governing the qualifications and procedures for the licensing of insurance producers, surplus lines producers, limited line producers, consultants, managing general agents, and reinsurance intermediaries; and
(6)promoting uniform licensing requirements between the several states.
Amended by Chapter 253 , 2012 General Session