Section R590-117-2 - Purpose and Scope(1) The purpose of this rule is to:(a) define statutory liabilities; and(b) establish a hierarchy of statutory requirements and accounting standards for the valuation of a liability.(2) This rule applies to any person transacting insurance business under Title 31A, Insurance Code.Utah Admin. Code R590-117-2
Amended by Utah State Bulletin Number 2021-22, effective 11/8/2021