License: includes a certificate of authority issued to an insurer. See Utah Code 31A-1-301
Person: includes :
(a)
an individual;
(b)
a partnership;
(c)
a corporation;
(d)
an incorporated or unincorporated association;
(e)
a joint stock company;
(f)
a trust;
(g)
a limited liability company;
(h)
a reciprocal;
(i)
a syndicate; or
(j)
another similar entity or combination of entities acting in concert. See Utah Code 31A-1-301
Security: means a:
(i)
note;
(ii)
stock;
(iii)
bond;
(iv)
debenture;
(v)
evidence of indebtedness;
(vi)
certificate of interest or participation in a profit-sharing agreement;
(vii)
collateral-trust certificate;
(viii)
preorganization certificate or subscription;
(ix)
transferable share;
(x)
investment contract;
(xi)
voting trust certificate;
(xii)
certificate of deposit for a security;
(xiii)
certificate of interest of participation in an oil, gas, or mining title or lease or in payments out of production under such a title or lease;
(xiv)
commodity contract or commodity option;
(xv)
certificate of interest or participation in, temporary or interim certificate for, receipt for, guarantee of, or warrant or right to subscribe to or purchase any of the items listed in Subsections (171)(a)(i) through (xiv); or
(xvi)
another interest or instrument commonly known as a security. See Utah Code 31A-1-301
(a)
An application for a license as a third party administrator shall be:
(i)
made to the commissioner on forms and in a manner the commissioner prescribes; and
(ii)
accompanied by the applicable fee, which is not refundable if the application is denied.
(b)
The application for a license as a third party administrator shall:
(i)
state the applicant’s:
(A)
Social Security number; or
(B)
federal employer identification number;
(ii)
provide information about:
(A)
the applicant’s identity;
(B)
the applicant’s personal history, experience, education, and business record;
(C)
if the applicant is a natural person, whether the applicant is 18 years of age or older; and
(D)
whether the applicant has committed an act that is a ground for denial, suspension, or revocation as set forth in Section 31A-25-208; and
(iii)
any other information as the commissioner reasonably requires.
(2)
The commissioner may require documents reasonably necessary to verify the information contained in the application.
(3)
An applicant’s Social Security number contained in an application filed under this section is a private record under Section 63G-2-302.
