Utah Code 31A-18-101. Scope — Definitions
Current as of: 2023 | Check for updates
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(1) | Except as otherwise provided in this title, this chapter and the rules adopted to implement it apply to all insurers authorized to do business in this state, including a reinsurer. |
(a) | an insured under a group insurance policy; or |
(b) | a third party. See Utah Code 31A-1-301 | ||||
(2) | As used in this chapter, “cash” means a medium of exchange that a depository institution, as defined in Section 7-1-103, accepts for deposit and allows an immediate credit to an account in the depository institution, including the following in a depository institution:
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Amended by Chapter 257, 2008 General Session