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 firstname.lastname@example.org.