1. (1) The Surplus Line Association of Utah is recognized as the advisory organization of surplus lines producers under Section 31A-15-111.
2. (2) A licensed surplus lines producer shall be a member of the Surplus Line Association of Utah.

3. (3) The Surplus Line Association of Utah is authorized to:

   1. (a) facilitate and encourage compliance by its members with:

      1. (i) the laws of Utah; and
      2. (ii) the rules of the commissioner related to surplus lines insurance;
   2. (b) act in other matters specified by Section 31A-15-111;
   3. (c) conduct the examination of a surplus lines transaction under Subsection 31A-15-103(11);
   4. (d) determine if a surplus lines transaction complies with Subsection 31A-15-103(11) and with Sections R590-171-6 and R590-171-7; and
   5. (e) collect the stamping fee under Subsection 31A-15-103(11)(d).

KEY: insurance

Date of Last Change: January 24, 2024

Notice of Continuation: May 21, 2024

Authorizing, and Implemented or Interpreted Law: 31A-2-201; 31A-15-103; 31A-15-111