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Current as of January 01, 2025 | Updated by Findlaw Staff
As used in this Part 4, Management of Insurance Corporations:
(1) “Voting members of mutuals” and “voting members” mean persons entitled to vote at annual or special meetings of the members of a mutual, as set forth in the articles of incorporation or amendments to the articles.
(2) Voting members of mutuals and voting members do not necessarily include policyholders of the mutual, if the articles of incorporation or amendments to the articles of incorporation so provide, and if the articles of incorporation or amendments have been approved by the commissioner after a hearing.
Cite this article: FindLaw.com - Utah Code Title 31A. Insurance Code § 31A-5-401.1. Definitions - last updated January 01, 2025 | https://codes.findlaw.com/ut/title-31a-insurance-code/ut-code-sect-31a-5-401-1/
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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