Show I I I I I I J POLICYHOLDERS ARE PROTECTED IN LAW LATT DECLARES SHIELDS Rulon S. S Wells state Insurance commissioner commissioner com corn missioner recently referred to 10 Dan B. B Shields attorney Sene general tho the question as to the n necessity of or be beginning Individual Individual Indi Indi- vidual action for tor collection of oC claims a against Inte exchanges to protect policyholders holders Yesterday Mr 1 Shields replied as follows ollo s 's In response to your our communication of or the first t Instant relative to inter- inter Insurance law you ou are advised that by tho the provisions pro of or chapter 20 O. O Laws of or Utah 1919 jud judgment ment rendered a against subscribers ma may be bo satisfied out of oC funds in the time possession of ot the lite ln In for Cor whose appointment this act provides Our law in this respect will probably probably abl ably differ from the law of oC tho the state of or Illinois There Thre Is nothing In this matter therefore that need give you ou ouan an any concern and so far as our stat statIs state Is concerned the law would seem to protect policyholders who ml might ht l' l la compelled 1 to resort to courts pf f our state to collect for damages darn dam ages sustained b by them |