Utah Code 31A-7-302. Annual report to policyholders
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Terms Used In Utah Code 31A-7-302
- Policyholder: means a person who controls a policy, binder, or oral contract by ownership, premium payment, or otherwise. See Utah Code 31A-1-301
Every insurer organized or operating under this chapter shall send to each policyholder or electronically post on the insurer’s public website an abbreviated annual report which contains basic financial and operating data, and information about important business and corporate developments.
Amended by Chapter 253, 2012 General Session