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Current as of January 01, 2025 | Updated by Findlaw Staff
(1) An authorized foreign title insurer may only insure property in this state:
(a) through an agency title insurance producer who is a resident in Utah; or
(b) if the authorized foreign title insurer has a bona fide office in Utah:
(i) that is under the direction and control of the authorized foreign title insurer;
(ii) for which the authorized foreign title insurer pays the expenses, including compensation of the employees of the bona fide office;
(iii) at which a person may request information about title services related to a real estate transaction for which the person is a party;
(iv) at which a person may deliver written communications to the authorized foreign title insurer as required by the real estate transaction for which the person is a party; and
(v) at which a person may deliver escrow money related to a real estate transaction for which the person is a party.
(2) This section does not apply to reinsurance.
Cite this article: FindLaw.com - Utah Code Title 31A. Insurance Code § 31A-14-211. Restrictions on foreign title insurers - last updated January 01, 2025 | https://codes.findlaw.com/ut/title-31a-insurance-code/ut-code-sect-31a-14-211/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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