UTAH CODE (Last Updated: January 16, 2015)

§ 31A-18-108. Investment of excess surplus.

Latest version.

(1)	If an insurer has excess surplus, as defined under Section 31A-1-301, then to the extent of its excess surplus, the insurer may invest in a manner inconsistent with the limitations of Section 31A-18-106 or in other assets approved by the commissioner.

(2)

This section does not empower any insurer to make investments that are:

(a)	illegal; or

(b)	prohibited under Section 31A-4-107.

(3)	Each insurer has the burden of establishing the extent of its excess surplus.

Amended by Chapter 131, 1999 General Session

                    
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