UTAH CODE (Last Updated: January 16, 2015) |
Title 31A. Insurance Code |
Chapter 25. Third Party Administrators |
Part 2. Licensing of Third Party Administrators |
§ 31A-25-204. Character requirements.
Latest version.
- Each applicant for a license under this chapter shall show to the commissioner all of the following:
(1) he or it has the good faith intent to engage in the type of business the license applied for would permit; (2) if a natural person, he is competent and trustworthy, or, if a partnership or corporation, all the partners, directors, principal officers, or persons having comparable powers are trustworthy; and (3) if a natural person, he is at least 18 years of age.
Enacted by Chapter 242, 1985 General Session