UTAH CODE (Last Updated: January 16, 2015) |
Title 31A. Insurance Code |
Chapter 8. Health Maintenance Organizations and Limited Health Plans |
Part 3. Foreign Organizations |
§ 31A-8-301. Requirements for doing business in state.
Latest version.
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(1) Only a corporation incorporated and licensed under Part 2, Domestic Organizations, may do business in this state as an organization. (2) To do business in this state as an organization, a foreign corporation doing a similar business in other states shall incorporate a subsidiary and license it under Part 2, Domestic Organizations, for its Utah business. Except as to Chapter 16, Insurance Holding Companies, the laws applicable to a domestic organization apply only to the domestic organization and not to its foreign parent corporation.
Amended by Chapter 319, 2013 General Session