34A-2-201.  Employers to secure workers’ compensation benefits for employees — Methods.
     An employer shall secure the payment of workers’ compensation benefits for its employees by:

(1)  insuring, and keeping insured, the payment of this compensation with an insurer authorized under Title 31A, Insurance Code, to transact the business of workers’ compensation insurance in this state; or

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Terms Used In Utah Code 34A-2-201

(2)  obtaining approval from the division in accordance with Section 34A-2-201.5 to pay direct compensation as a self-insured employer in the amount, in the manner, and when due as provided for in this chapter or Chapter 3, Utah Occupational Disease Act.

Amended by Chapter 363, 2017 General Session