UTAH CODE (Last Updated: January 16, 2015) |
Title 31A. Insurance Code |
Chapter 23a. Insurance Marketing - Licensing Producers, Consultants, and Reinsurance Intermediaries |
Part 5. Compensation of Producers and Consultants |
§ 31A-23a-502. Controlled business, except as to title insurance.
Latest version.
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(2) No producer may receive any compensation from an insurer for effecting insurance upon controlled business unless during the preceding 12 months the producer had effected other insurance with aggregate premiums exceeding the premiums on the controlled business. (3) This section does not apply to title insurance.
Renumbered and Amended by Chapter 298, 2003 General Session