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Utah Code Title 31A. Insurance Code § 31A-25-204. Character requirements

Current as of January 01, 2025 | Updated by Findlaw Staff

Each applicant for a license under this chapter shall show to the commissioner all of the following:

(1) that the applicant has the good faith intent to engage in the type of business the license applied for would permit;

(2)(a) if a natural person, that the applicant is:

(i) competent; and

(ii) trustworthy; or

(b) if a partnership or corporation, that all the partners, directors, principal officers, or persons having comparable powers are trustworthy; and

(3) if a natural person, that the applicant is at least 18 years of age.

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Cite this article: FindLaw.com - Utah Code Title 31A. Insurance Code § 31A-25-204. Character requirements - last updated January 01, 2025 | https://codes.findlaw.com/ut/title-31a-insurance-code/ut-code-sect-31a-25-204/

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