# Utah Code § 31A-1-108: Corporations in the process of organizing

> Utah · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_UT_T31A_S31A_1_108

## Section

- **Citation:** Utah Code § 31A-1-108
- **Heading:** Corporations in the process of organizing
- **Jurisdiction:** Utah
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Utah Code / Title 31A / Chapter 31A-1 / § 31A-1-108

## Text

Corporations in the process of organizing on July 1, 1986, may continue to organize under former Title 31, Insurance. Any corporation so organizing that does not obtain a certificate of authority by July 1, 1987, shall make appropriate refunds and reimbursements to subscribers, incorporators, and creditors in accordance with a plan approved by the commissioner. This plan shall specify the date that the legal existence of the corporation terminates.

## Nearby sections

- [Utah Code § 31A-1-101 § 31A-1-101. Short title.](https://www.frixlaw.com/law-library/statutes/STATE_UT_T31A_S31A_1_101.md)
- [Utah Code § 31A-1-102 § 31A-1-102. Purposes.](https://www.frixlaw.com/law-library/statutes/STATE_UT_T31A_S31A_1_102.md)
- [Utah Code § 31A-1-103 § 31A-1-103. Scope and applicability of title.](https://www.frixlaw.com/law-library/statutes/STATE_UT_T31A_S31A_1_103.md)
- [Utah Code § 31A-1-104 § 31A-1-104. Authorization to do insurance business.](https://www.frixlaw.com/law-library/statutes/STATE_UT_T31A_S31A_1_104.md)
- [Utah Code § 31A-1-105 § 31A-1-105. Presumption of jurisdiction.](https://www.frixlaw.com/law-library/statutes/STATE_UT_T31A_S31A_1_105.md)
- [Utah Code § 31A-1-106 § 31A-1-106. Residual unlicensed domestic insurers.](https://www.frixlaw.com/law-library/statutes/STATE_UT_T31A_S31A_1_106.md)
- [Utah Code § 31A-1-107 § 31A-1-107. Licensees under former Title 31.](https://www.frixlaw.com/law-library/statutes/STATE_UT_T31A_S31A_1_107.md)
- [Utah Code § 31A-1-108 § 31A-1-108. Corporations in the process of organizing.](https://www.frixlaw.com/law-library/statutes/STATE_UT_T31A_S31A_1_108.md)
- [Utah Code § 31A-1-109 § 31A-1-109. Name of licensee.](https://www.frixlaw.com/law-library/statutes/STATE_UT_T31A_S31A_1_109.md)
- [Utah Code § 31A-1-110 § 31A-1-110. Scope of a license.](https://www.frixlaw.com/law-library/statutes/STATE_UT_T31A_S31A_1_110.md)
- [Utah Code § 31A-1-201 § 31A-1-201. Construction.](https://www.frixlaw.com/law-library/statutes/STATE_UT_T31A_S31A_1_201.md)
- [Utah Code § 31A-1-202 § 31A-1-202. Effect of repeal of former provisions.](https://www.frixlaw.com/law-library/statutes/STATE_UT_T31A_S31A_1_202.md)
- [Utah Code § 31A-1-203 § 31A-1-203. Interpretive rules.](https://www.frixlaw.com/law-library/statutes/STATE_UT_T31A_S31A_1_203.md)
- [Utah Code § 31A-1-205 § 31A-1-205. Severability.](https://www.frixlaw.com/law-library/statutes/STATE_UT_T31A_S31A_1_205.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_UT_T31A_S31A_1_108. Check the current official text before relying on it. Not legal advice.