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Utah Statutes, Title 31A

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Title 31A, Title 31A: Insurance Code

48 chapters · 1,410 sections in this title.

All chapters in Title 31A1,410 Ch 31A-22, Chapter 31A-22: Contracts in Specifi…270 Ch 31A-23a, Chapter 31A-23a: Insurance Marketing…91 Ch 31A-27a, Chapter 31A-27a: Insurer Receivershi…83 Ch 31A-5, Chapter 31A-5: Domestic Stock and Mu…69 Ch 31A-2, Chapter 31A-2: Administration of the…51 Ch 31A-17, Chapter 31A-17: Determination of Fin…46 Ch 31A-9, Chapter 31A-9: Insurance Fraternals44 Ch 31A-26, Chapter 31A-26: Insurance Adjusters44 Ch 31A-21, Chapter 31A-21: Insurance Contracts …42 Ch 31A-8, Chapter 31A-8: Health Maintenance Or…39 Ch 31A-44, Chapter 31A-44: Continuing Care Prov…39 Ch 31A-19a, Chapter 31A-19a: Utah Rate Regulatio…38 Ch 31A-28, Chapter 31A-28: Guaranty Associations37 Ch 31A-35, Chapter 31A-35: Bail Bond Act31

12 sections·Filtered byTitle 31A✕Ch 31A-41✕

Utah Code § 31A-41-101 Title.
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31A-41-101. Title. This chapter is known as the "Title Insurance Recovery, Education, and Research Fund Act."
Utah Code § 31A-41-102 Definitions.
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31A-41-102. Definitions. As used in this chapter: (1) "Commission" means the Title and Escrow Commission created in Section. 31A-2-403 (2) "Fund" means the Title Insurance Recovery, Education, and Research Fund created in Section. 31A-41-201 (3) "Title insurance licensee" means: …
Utah Code § 31A-41-103 Authority to take disciplinary action not limited.
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31A-41-103. Authority to take disciplinary action not limited. (1) This chapter does not limit the authority of the commissioner or the commission to take disciplinary action against a title insurance licensee for a violation of this title or rules made by the department or commi…
Utah Code § 31A-41-201 Creation of Title Insurance Recovery, Education, and Research Fund.
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31A-41-201. Creation of Title Insurance Recovery, Education, and Research Fund. (1) There is created an expendable special revenue fund to be known as the "Title Insurance Recovery, Education, and Research Fund." (2) The fund shall consist of: assessments on individual title insu…

Utah Code § 31A-41-202 Assessments.

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31A-41-202. Assessments. (1) An agency title insurance producer licensed under this title shall pay an annual assessment determined by the commission by rule made in accordance with Section, except that the annual assessment: 31A-2-404 may not exceed $1,000; and shall be determin…

Utah Code § 31A-41-203 Use of money.

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31A-41-203. Use of money. (1) Money in the fund may be used to pay claims made under. Part 3, Claims on Fund (2) Except as limited by Subsection, money in the fund in excess of $250,000 may be used by the commissioner, with the consent of the commission, to: (2)(b) investigate vi…

Utah Code § 31A-41-301 Procedure for making a claim against the fund.

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31A-41-301. Procedure for making a claim against the fund. (1) To recover from the fund, a person shall: obtain a final judgment against a title insurance licensee establishing that fraud, misrepresentation, or deceit by the licensee in a real estate transaction proximately cause…

Utah Code § 31A-41-302 Department may defend action in which title insurance licensee does not appear or defend.

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31A-41-302. Department may defend action in which title insurance licensee does not appear or defend. (1) In a lawsuit alleging that fraud, misrepresentation, or deceit by a title insurance licensee in a real estate transaction proximately caused economic harm, if grounds arise f…

Utah Code § 31A-41-303 Determination and amount of fund liability.

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31A-41-303. Determination and amount of fund liability. (1) Subject to the requirements of this part, if the department determines that a claim should be levied against the fund, the department shall enter an order that the fund pay that portion of the petitioner's judgment that …

Utah Code § 31A-41-304 Insufficient funds to satisfy judgment.

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31A-41-304. Insufficient funds to satisfy judgment. If the money in the fund is insufficient to satisfy a claim ordered to be paid under Section, when sufficient money is in the fund, the department shall pay a person with an unpaid claim: (1) in the order that petitions related …

Utah Code § 31A-41-305 Department subrogated -- Authority to revoke license.

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31A-41-305. Department subrogated -- Authority to revoke license. (1) If the department makes payment from the fund, the department is subrogated to all the rights of the person who received money from the fund for the amounts paid out of the fund. Any amounts recovered by the de…

Utah Code § 31A-41-306 Failure to comply constitutes a waiver.

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31A-41-306. Failure to comply constitutes a waiver. The failure of a person to comply with this chapter constitutes a waiver of any right provided under this chapter.