§ 31A-25-102. Scope and purposes.

(1) This chapter applies to all third party administrators. (2) The purposes of this chapter include: (a) encouraging disclosure of contracts between insurers and third party administrators, both to potential insureds and to the commissioner; (b) promoting the financial responsibility of third party administrators; (c) subjecting persons administering insurance in Utah to the jurisdiction of the Utah commissioner and courts; (d) regulating third party administrators' practices in conformity with the general purposes of this title; and (e) governing the qualifications and procedures for the licensing of third party administrators.