UTAH CODE (Last Updated: January 16, 2015) |
Title 31A. Insurance Code |
Chapter 36. Life Settlements Act |
§ 31A-36-103. Law governing.
Latest version.
-
(1) If there is more than one owner on a single policy and the owners are residents of different states, the law of the state in which the owner having the largest percentage ownership resides governs the life settlement. If the owners own equal fractions of a policy, the owners may agree in writing that the law of the state in which one resides governs the life settlement.
Amended by Chapter 355, 2009 General Session