Show PICKING LOOPHOLES 1 IN INSURANCE LA LAWS if There Therl a are aro o sonic bonic concerns attempting 1 to do an flU I insurance business in Ut that arc are sailing under tinder false fale colon cording cordin to reports that have bave re 4 Willard Wiard Done Doue state insurance commit comm stoner Mr I r. r Done DOlo believes that asIde from tho the fues question on of whether a to com company 1 pany pan that would do tie such a thing would wold attempt also to evade o payment it'll iri 11 saw W a possible chance such companies do not afford their ther policy holder holders the eo protection to which they are entitled under the Utah law 1 The method adopted so far tar as Mr Dono Done has baa boon able ahle to earn Jear i is to tep rp resent that the company is i doing business in Utah under the fraternal order insurance plan Mr Ir Done horr ho over says that that the state law is it i quite qute definite on the tho matter 1 I defnie Section 26 he lie mater S says saye I provides that tha mutual mutual 3 asses asse an any company or mutual ment company doin doing an insurance bustness bust bint but ness in Utah must have havo ha e a guaranty or Of f fo fol surplus fund of at least 1000 the protection of ot the policy pOnC hola holers Of the other no fraternal order ma mar mai 1 under the law write insurance in Sn Ut unless it it has bias local and re regularly bry 0 Organized orn Or lodges with a form of government initiation tere ceTe jo monies and so forth In other wor all the requirements requirement are aro made mad in in cM caN U al of fraternal order in insurance that are arma ar ma mado malo o of any or organized actual and bonn bon 1 Side fide de lod lodge o in iii tho the state tato v Violation of the provisions of the aGis a is made mado a misdemeanor punishable oy 1 fine or imprisonment J 31 |