Utah Requirements for Demutualization of Foreign Insurer

Utah Code Annotated 31A-14-214 applies to corporate reorganizations of foreign insurers. 31A-5-212 provides the minimum capital requirements and 31A-4-105.5 provides the deposit requirements for foreign insurers.

Foreign insurers should provide the department with:

  • Cover letter outlining changes
  • Copy of order or approval documents from domicile state
  • Articles & By-laws
  • $50.00 filing fee

For further information, please contact Beth Crim at (801) 538-3812 or at bcrim@utah.gov.