Utah Code § 31A-23a-703

Current with legislation effective through 5/2/2024
Section 31A-23a-703 - Disclosure

The producer, prior to the effective date of the policy, shall deliver written notice to the prospective insured disclosing the relationship between the producer and the controlled insurer. However, if the business is placed through a producer who is not a controlling producer, the controlling producer shall retain in his records a signed commitment from the noncontrolling producer that the noncontrolling producer is aware of the relationship between the insurer and the producer and that the noncontrolling producer has, or will, notify the insured.

Utah Code § 31A-23a-703

Renumbered and Amended by Chapter 298, 2003 General Session.