Utah Admin. Code 590-197-3

Current through Bulletin 2024-24, December 15, 2024

Section R590-197-3 - Definitions

Terms used in this rule are defined in Sections 31A-1-301 and 31A-17-201. Additional terms are defined as follows:

(1) "Qualified asset," as defined in Section 31A-17-201, includes a guaranty fund or guaranty association assessment paid in any state, if it is probable that the insurer can offset the assessment against present or future premium tax or income tax paid in the state in which the assessment was paid.

Utah Admin. Code R590-197-3

Amended by Utah State Bulletin Number 2023-03, effective 1/24/2023