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Part 2 Nontraditional Insurers 31A-10-201 – 31A-10-203

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Terms Used In Utah Code > Title 31A > Chapter 10 - Annuities

  • Adjourn: A motion to adjourn a legislative chamber or a committee, if passed, ends that day's session.
  • Affidavit: A written statement of facts confirmed by the oath of the party making it, before a notary or officer having authority to administer oaths.
  • Agency: means a board, commission, institution, department, division, officer, council, office, committee, bureau, or other administrative unit of the state, including the agency head, agency employees, or other persons acting on behalf of or under the authority of the agency head, the Legislature, the courts, or the governor, but does not mean a political subdivision of the state, or any administrative unit of a political subdivision of the state. See Utah Code 63A-1-103
  • Allegation: something that someone says happened.
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Chief information officer: means the chief information officer appointed under Section 63A-16-201. See Utah Code 63A-16-102
  • Complaint: A written statement by the plaintiff stating the wrongs allegedly committed by the defendant.
  • Department: means the Department of Government Operations. See Utah Code 63A-1-103
  • Dismissal: The dropping of a case by the judge without further consideration or hearing. Source:
  • Division: means the Division of Technology Services. See Utah Code 63A-16-102
  • Enterprise architecture: means :
         (4)(a) information technology assets and functions that can be applied across state government, including:
              (4)(a)(i) mainframes, servers, desktop devices, peripherals, and other computing devices;
              (4)(a)(ii) networks;
              (4)(a)(iii) enterprise-wide applications;
              (4)(a)(iv) maintenance and help desk functions for common hardware and applications;
              (4)(a)(v) standards for other computing devices, operating systems, common applications, and software; and
              (4)(a)(vi) master contracts that are available for use by agencies for various systems, including operating systems, databases, enterprise resource planning and customer relationship management software, application development services, and enterprise integration; and
         (4)(b) support for information technology that can be applied across state government, including:
              (4)(b)(i) technical support;
              (4)(b)(ii) master software licenses; and
              (4)(b)(iii) hardware and software standards. See Utah Code 63A-16-102
  • Executive branch agency: means an agency or administrative subunit of state government. See Utah Code 63A-16-102
  • Executive branch strategic plan: means the executive branch strategic plan created under Section 63A-16-202. See Utah Code 63A-16-102
  • Executive director: means the executive director of the Department of Government Operations. See Utah Code 63A-1-103
  • Information technology: means all computerized and auxiliary automated information handling, including:
         (8)(a) systems design and analysis;
         (8)(b) acquisition, storage, and conversion of data;
         (8)(c) computer programming;
         (8)(d) information storage and retrieval;
         (8)(e) voice, video, and data communications;
         (8)(f) requisite systems controls;
         (8)(g) simulation; and
         (8)(h) all related interactions between people and machines. See Utah Code 63A-16-102
  • Insurance: includes :
              (96)(b)(i) a risk distributing arrangement providing for compensation or replacement for damages or loss through the provision of a service or a benefit in kind;
              (96)(b)(ii) a contract of guaranty or suretyship entered into by the guarantor or surety as a business and not as merely incidental to a business transaction; and
              (96)(b)(iii) a plan in which the risk does not rest upon the person who makes an arrangement, but with a class of persons who have agreed to share the risk. See Utah Code 31A-1-301
  • Interest rate: The amount paid by a borrower to a lender in exchange for the use of the lender's money for a certain period of time. Interest is paid on loans or on debt instruments, such as notes or bonds, either at regular intervals or as part of a lump sum payment when the issue matures. Source: OCC
  • Mutual: means a mutual insurance corporation. See Utah Code 31A-1-301
  • Oversight: Committee review of the activities of a Federal agency or program.
  • Person: means :
         (24)(a) an individual;
         (24)(b) an association;
         (24)(c) an institution;
         (24)(d) a corporation;
         (24)(e) a company;
         (24)(f) a trust;
         (24)(g) a limited liability company;
         (24)(h) a partnership;
         (24)(i) a political subdivision;
         (24)(j) a government office, department, division, bureau, or other body of government; and
         (24)(k) any other organization or entity. See Utah Code 68-3-12.5
  • Signature: includes a name, mark, or sign written with the intent to authenticate an instrument or writing. See Utah Code 68-3-12.5
  • Statute: A law passed by a legislature.