§ 31A-13-101. Scope.

Latest version.

This chapter applies to every employee welfare fund covering any person employed in this state except to the extent that:

(1) federal law excludes the operation of state law;

(2) the fund qualifies for exemption from regulation under a rule adopted by the commissioner defining funds which provide no benefits involving insurance risks; or

(3) the commissioner determines by rule that the insurance-like risks are minimal or present no problems requiring active regulation.

Amended by Chapter 204, 1986 General Session

                    
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