Utah Code 63E-1-304. Limitations on risk management coverage
Current as of: 2023 | Check for updates
|
Other versions
63E-1-304. Limitations on risk management coverage.
(1) | Except as specifically modified in its authorizing statute, an independent entity is not eligible to receive coverage under the Risk Management Fund created by Section 63A-4-201 or any captive insurance company created by the risk manager. |
(i) | independent state agency; or |
(ii) | independent corporation. See Utah Code 63E-1-102 | ||||
(2) | If an independent entity that receives coverage under the Risk Management Fund or any captive insurance company created by the risk manager is involved in a commercial activity, the state risk manager may require that the entity:
|
Amended by Chapter 33, 2021 General Session