Independent adjuster: means an insurance adjuster required to be licensed under Section 31A-26-201, who engages in insurance adjusting as a representative of one or more insurers. See Utah Code 31A-26-102
Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
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
Public adjuster: means a person required to be licensed under Section 31A-26-201, who engages in insurance adjusting as a representative of insureds and claimants under insurance policies. See Utah Code 31A-26-102
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
State: when applied to the different parts of the United States, includes a state, district, or territory of the United States. See Utah Code 68-3-12.5
United States: includes each state, district, and territory of the United States of America. See Utah Code 68-3-12.5
(a)
The application for a license as an independent adjuster or public adjuster shall be:
(i)
made to the commissioner on forms and in a manner the commissioner prescribes; and
(ii)
except as provided in Subsection (4), accompanied by the applicable fee, which is not refunded if the application is denied.
(b)
The application shall provide:
(i)
information about the applicant’s identity, including:
(A)
the applicant’s:
(I)
Social Security number; or
(II)
federal employer identification number;
(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
(ii)
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.
(4)
The following individuals are exempt from paying a license fee:
(a)
an individual serving in the armed forces of the United States while the individual is stationed within this state, if:
(i)
the individual holds a valid license to practice the regulated occupation or profession issued by any other state or jurisdiction recognized by the department; and
(ii)
the license is current and the individual is in good standing in the state or jurisdiction of licensure; and
(b)
the spouse of an individual serving in the armed forces of the United States while the individual is stationed within this state, if:
(i)
the spouse holds a valid license to practice the regulated occupation or profession issued by any other state or jurisdiction recognized by the department; and
(ii)
the license is current and the spouse is in good standing in the state or jurisdiction of licensure.
