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Current as of January 01, 2025 | Updated by Findlaw Staff
(1) A captive insurance company may not adopt a name that is:
(a) the same as any other existing business name registered in this state;
(b) deceptively similar to any other existing business name registered in this state; or
(c) likely to be:
(i) confused with any other existing business name registered in this state; or
(ii) mistaken for any other existing business name registered in this state.
(2) An applicant captive insurance company that submits an application for a certificate of authority on or after May 14, 2019, or a captive insurance company that changes its name on or after May 14, 2019, shall include the word “insurance” or a term of equivalent meaning in its name.
Cite this article: FindLaw.com - Utah Code Title 31A. Insurance Code § 31A-37-203. Deceptive name prohibited - last updated January 01, 2025 | https://codes.findlaw.com/ut/title-31a-insurance-code/ut-code-sect-31a-37-203/
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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