§ 31A-23a-411.1. Person's liability if premium received is not forwarded to the insurer.

Latest version.

A person commits insurance fraud as described in Subsection 31A-31-103(1)(f) if that person knowingly fails to forward to the insurer a premium:

(1) received from one of the following in partial or total payment of the premium due from:

(a) an applicant;

(b) a policyholder; or

(c) a certificate holder; or

(2) collected from or on behalf of an insured employee under an insured employee benefit plan.

Enacted by Chapter 252, 2003 General Session

                    
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