§ 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