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Current as of January 01, 2025 | Updated by Findlaw Staff
Each applicant for a license under this chapter shall show to the commissioner that:
(1) the applicant has the good faith intent to engage in the type of business the license or licenses applied for would permit;
(2)(a) if a natural person, the applicant is:
(i) competent; and
(ii) trustworthy; or
(b) if an organization, all the partners, directors, principal officers, or persons in fact having comparable powers are trustworthy, and that the applicant will transact business in such a way that all acts that may only be performed by a licensed adjuster are performed exclusively by natural persons who are licensed under this chapter to transact that business and listed on the organization's license under Section 31A-26-209; and
(3) if a natural person, the applicant is at least 18 years of age.
Cite this article: FindLaw.com - Utah Code Title 31A. Insurance Code § 31A-26-205. Character requirements - last updated January 01, 2025 | https://codes.findlaw.com/ut/title-31a-insurance-code/ut-code-sect-31a-26-205/
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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