Utah Requirements for Demutualization

of Foreign Insurer

Utah Code Annotated §31A-14-214 applies to corporate reorganizations of foreign insurers.  §31A-5-212 provides the minimum capital requirements and §31A-4-105.5 provides the deposit requirements for foreign insurers.

Foreign insurers should provide the department with:

     Cover letter outlining changes
      Copy of order or approval documents from domicile state
      Articles & By-laws
      $50.00 filing fee

For further information contact Beth Crim at 801-538-3812 or by e-mail.

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