It is the purpose of this chapter to: (1) prevent evasion by unauthorized insurers of the regulatory and tax laws of Utah and protect Utah and its residents against loss from that type of evasion; (2) subject unauthorized insurers and other persons doing an insurance business in Utah to the jurisdiction of the Utah commissioner and courts; (3) protect authorized insurers from unfair competition by unauthorized insurers; and (4) provide an orderly method, under reasonable and practical safeguards, for procuring insurance from unauthorized insurers.
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