Validation of prior guaranty fund or reserve fund proceedings.
Utah Code § 11-42-706
in effect11-42-706. Validation of prior guaranty fund or reserve fund proceedings.
(1) Subject to Subsection (2), all proceedings before April 30, 2007 related to the creation, maintenance, and use of a guaranty fund or reserve fund are validated, ratified, and confirmed.
(2) Nothing in this section may be construed to affect the validity of a guaranty fund or reserve fund whose legality is being contested on April 30, 2007.
Enacted by Chapter 329, 2007 General Session
Source: Utah Office of Legislative Research and General Counsel (le.utah.gov)URL: https://le.utah.gov/xcode/Title11/Chapter42/11-42-S706.html?v=C11-42-S706_1800010118000101Fetched: 10/26/2026
