Rulemaking authority for standards related to life insurance and annuities.

Utah Code § 31A-22-425, under Part 31A-22-4: Life Insurance and Annuities.

Utah Code § 31A-22-425

31A-22-425. Rulemaking authority for standards related to life insurance and annuities.

In accordance with, the commissioner may make rules to establish standards for any of the following:

(1) if used in connection with the solicitation or sale of life insurance policies and contracts: a buyer's guide; a disclosure; an illustration; a policy summary; or a recommendation; and

(2) in a life insurance policy, annuity contract, or life insurance or annuity certificate: a definition of a term; a disclosure; an exclusion; or a limitation.