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Code · Utah · Title 31A — Insurance Code · Chapter 25

31A-25-204. Character requirements.

104 words·~1 min read·/ut/title-31a/chapter-25/31a-25-204

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Effective 5/8/2018
31A-25-204. Character requirements.
Each applicant for a license under this chapter shall show to the commissioner all of the following:
(1)that the applicant has the good faith intent to engage in the type of business the license applied for would permit;
(a)if a natural person, that the applicant is:
(i)competent; and
(ii)trustworthy; or
(b)if a partnership or corporation, that all the partners, directors, principal officers, or persons having comparable powers are trustworthy; and
(3)if a natural person, that the applicant is at least 18 years of age.
Amended by Chapter 319 , 2018 General Session
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