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Revocation, suspension, amendment, or modification of a certificate of authority.

Utah Code § 31A-37a-202
in effect
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31A-37a-202. Revocation, suspension, amendment, or modification of a certificate of authority. Except as provided in Sections 31A-37a-501 and 31A-37a-502, the commissioner may not revoke, suspend, amend, or modify a certificate of authority issued to a special purpose financial captive insurance company under this chapter or an order issued under Subsection 31A-37a-201(4) unless: (1) the special purpose financial captive insurance company consents to the revocation, suspension, amendment, or modification; or (2) the commissioner shows by clear and convincing evidence that the revocation, suspension, amendment, or modification is necessary to avoid irreparable harm to: (a) a special purpose financial captive insurance company; or (b) a ceding insurer. Enacted by Chapter 302, 2008 General Session
Source: Utah Office of Legislative Research and General Counsel (le.utah.gov)URL: https://le.utah.gov/xcode/Title31A/Chapter37A/31A-37a-S202.html?v=C31A-37a-S202_1800010118000101Fetched: 10/26/2026

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