Person's liability if premium received is not forwarded to the insurer.

Utah Code § 31A-23a-411.1, under Part 31A-23a-4: Marketing Practices.

Utah Code § 31A-23a-411.1

31A-23a-411.1. Person's liability if premium received is not forwarded to the insurer.

A person commits insurance fraud as described in Subsectionif that person knowingly fails to forward to the insurer a premium:

(1) received from one of the following in partial or total payment of the premium due from: an applicant; a policyholder; or a certificate holder; or

(2) collected from or on behalf of an insured employee under an insured employee benefit plan.