Tax on illegal transactions.
Utah Code § 31A-3-302
in effect31A-3-302. Tax on illegal transactions.
An insurance transaction under Chapter 15, Unauthorized Insurers, Surplus Lines, and Risk Retention Groups, which violates the restrictions placed on transactions by that chapter shall be taxed at a rate four percentage points higher than the applicable rate under Section 59-9-101.
Amended by Chapter 2, 1987 General Session
Source: Utah Office of Legislative Research and General Counsel (le.utah.gov)URL: https://le.utah.gov/xcode/Title31A/Chapter3/31A-3-S302.html?v=C31A-3-S302_1800010118000101Fetched: 10/26/2026
