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Current as of January 01, 2024 | Updated by FindLaw Staff
(1) If the commissioner establishes any of the grounds provided in Section 31A-27a-207, the receivership court shall:
(a) grant the petition; and
(b) issue the order of rehabilitation or liquidation requested in the petition.
(2) Upon the issuance of the order, the commissioner shall forward a copy of the order by first-class mail or electronic communication as permitted by the receivership court to the commissioners and guaranty associations in states in which the insurer did business.
Cite this article: FindLaw.com - Utah Code Title 31A. Insurance Code § 31A-27a-208. Entry of order - last updated January 01, 2024 | https://codes.findlaw.com/ut/title-31a-insurance-code/ut-code-sect-31a-27a-208.html
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