Section R270-1-17 - Subrogation(1) Pursuant to Section 63M-7-519, money collected through subrogation will be placed in the fund and will not be credited toward a particular victim or claimant award amount.(2)(a) Pursuant to Subsection 63M-7-519(2), in such instances where a settlement against a collateral source appears imminent, the director may reduce by up to 33% the lesser of: (i) the amount paid by the office; or(ii) the amount of the settlement.(b) Reductions of more than 33% shall be determined by the board with the concurrence of the director.Utah Admin. Code R270-1-17
Amended by Utah State Bulletin Number 2016-11, effective 5/13/2016Amended by Utah State Bulletin Number 2016-22, effective 10/24/2016Amended by Utah State Bulletin Number 2017-13, effective 6/7/2017Amended by Utah State Bulletin Number 2022-01, effective 12/22/2021Amended by Utah State Bulletin Number 2023-24, effective 12/8/2023