Regulation of Insurance Companies
C.R.S. tit. 10, art. 3
in effectContents
section10-3-101. Formation of insurance companiessection10-3-102. Purpose of organization or admittancesection10-3-103. Names of companiessection10-3-104. Unauthorized companies - penaltiessection10-3-105. Certificate of authority to do business - companies prohibited - definitionssection10-3-106. Deemed incorporated under corporation lawsection10-3-107. Appointment of registered agent to receive service of process - commissioner required to maintain list - when service of process may be made on commissionersection10-3-108. File duly certified copy of chartersection10-3-109. Reports, statements, assessments, and maintenance of records - publication - penalties for late filing, late payment, or failure to maintainsection10-3-110. Remuneration of company officialssection10-3-111. Violations - penaltysection10-3-112. Directors - terms - election - conflicts of interest - recovery of profitssection10-3-113. Increase of capitalsection10-3-114. Violations - penaltysection10-3-115. License required of foreign companiessection10-3-116. Sale of stock without license - penaltysection10-3-117. License automatically extended - whensection10-3-118. Reinsurance - conditions - credit for reinsurancesection10-3-119. Application for receivershipsection10-3-120. Investments of officers, directors, and principal stockholderssection10-3-121. Regulation of proxies, consents, or authorizationssection10-3-122. Duties of foreign companiessection10-3-123. Assessment accident associationssection10-3-124. Advertisement for insurance - requirementsection10-3-125. Redomestication of foreign insurerssection10-3-126. Alien insurerssection10-3-127. Domicile of nonprofit hospital, medical-surgical, and health services corporationssection10-3-128. Domestic insurer - requirement to maintain offices in this statesection10-3-129. Prohibition - display of social security number - insurance companiessection10-3-130. Certificate of authority application process - tracking compliance with uniform processsection10-3-131. Acts of producers - responsibility of insurer - definitionssection10-3-201. Cash capital - guaranty fund - depositsection10-3-202. Surplus ascertained - disposition ofsection10-3-203. Additional deposits - withdrawalssection10-3-204. Payment of dividendssection10-3-205. Manner of paying surplussection10-3-206. Security deposits - certificatessection10-3-207. Fees paid by insurance companiessection10-3-207.5. Funding for insurance fraud investigations and prosecutions - creation of fundsection10-3-208. Financial statementssection10-3-209. Tax on premiums collected - exemptions - penalties - filing system - division to contract with third parties - rules - repealsection10-3-210. Deposit and safekeeping of securitiessection10-3-211. Deposit only admitted assetssection10-3-212. Insolvency or impairment of stock insurance companysection10-3-213. Investments eligible as admitted assetssection10-3-214. Quantitative investment limitations - manner of applyingsection10-3-215. Evidences of indebtednesssection10-3-215.5. Investments in medium- and lower-grade obligationssection10-3-216. Mortgage loanssection10-3-217. Federally guaranteed or insured real estate loanssection10-3-218. Real estate for use in company's businesssection10-3-219. Real estate acquired in satisfaction of indebtednesssection10-3-220. Real estate for production of income - definitionsection10-3-221. Tangible personal property for production of incomesection10-3-222. Policy loanssection10-3-223. Accounts in building or savings and loan associationssection10-3-224. Time depositssection10-3-225. Transportation equipment interestssection10-3-226. Equity interests - definitionsection10-3-227. Stock for purpose of reinsurance, consolidation, or mergersection10-3-228. Collateral loanssection10-3-228.5. Securities lending - repurchase - reverse repurchase - dollar roll transactionssection10-3-229. Investments for purposes of compliance in other jurisdictionssection10-3-230. Additional investmentssection10-3-231. Valuation of investmentssection10-3-232. Liens for certain purposes permittedsection10-3-233. Disposition of certain real estatesection10-3-234. Approval and record of investmentssection10-3-235. Certain admitted assets deemed securities for deposit purposessection10-3-236. Assets acquired through merger, consolidation, or reinsurancesection10-3-237. Assets acquired under prior lawsection10-3-238. Refundssection10-3-239. Subordinated indebtednesssection10-3-240. Approval of investmentssection10-3-241. Prohibited investmentssection10-3-242. Qualified money market funds - definitionsection10-3-243. Derivative transactions - definitions - restrictions - rulessection10-3-244. Climate risk disclosure - insurer participation - rules - reporting - definitionsection10-3-301. Definitionssection10-3-302. Deposits required - whensection10-3-303. Deposits with commissionersection10-3-304. Depositaries - responsibilitysection10-3-305. Rights of depositorssection10-3-306. Release of depositssection10-3-307. Commissioner order releasesection10-3-401. Legislative declarationsection10-3-402. Definitionssection10-3-403. Scope of part 4section10-3-404. Determination of delinquency - proceduresection10-3-405. Direct supervisionsection10-3-406. Protest of finding of delinquencysection10-3-407. Costs of direct supervisionsection10-3-408. Conservatorshipsection10-3-409. Protest of order of conservatorshipsection10-3-410. Costs of conservatorshipsection10-3-411. Penalties for noncompliancesection10-3-412. Review of action while under direct supervisionsection10-3-413. Appeal from final determination or order of commissionersection10-3-414. Nondisclosure of reports and evidence during period of direct supervision or conservatorshipsection10-3-501. Legislative declaration - intents and purposessection10-3-502. Definitionssection10-3-503. Persons coveredsection10-3-504. Jurisdiction - venuesection10-3-504.5. Application for receivership - penaltysection10-3-505. Injunctions - orderssection10-3-506. Cooperation of officers, owners, and employeessection10-3-507. Continuation of delinquency proceedingssection10-3-508. Condition on release from delinquency proceedingssection10-3-509. Court's seizure ordersection10-3-510. Confidentiality of hearingssection10-3-511. Grounds for rehabilitationsection10-3-512. Rehabilitation orderssection10-3-513. Powers and duties of rehabilitatorsection10-3-514. Actions by and against rehabilitatorsection10-3-514.5. Immunity and indemnification of receiver and employees - applicabilitysection10-3-515. Termination of rehabilitationsection10-3-516. Grounds for liquidationsection10-3-517. Liquidation orderssection10-3-518. Continuation of coveragesection10-3-519. Dissolution of insurersection10-3-520. Powers of liquidatorsection10-3-521. Notice to creditors and otherssection10-3-522. Duties of agentssection10-3-523. Actions by and against liquidatorsection10-3-524. Collection and listing of assetssection10-3-525. Fraudulent transfers prior to petitionsection10-3-526. Fraudulent transfer after petitionsection10-3-527. Voidable preferences and lienssection10-3-528. Claims of holders of void or voidable rightssection10-3-529. Setoffs - effective date - applicabilitysection10-3-530. Assessmentssection10-3-531. Reinsurers' liabilitysection10-3-532. Recovery of premiums owedsection10-3-533. Domiciliary liquidator's proposal to distribute assetssection10-3-533.5. Sale of insolvent insurer as a going concernsection10-3-534. Filing of claimssection10-3-535. Proof of claimsection10-3-536. Special claimssection10-3-537. Special provisions for third-party claimssection10-3-538. Disputed claimssection10-3-539. Claims of suretysection10-3-540. Secured creditors' claimssection10-3-540.5. Qualified financial contracts - definitionssection10-3-541. Priority of distribution - definitions - repealsection10-3-542. Liquidator's recommendations to the courtsection10-3-543. Distribution of assetssection10-3-544. Unclaimed and withheld fundssection10-3-545. Termination of proceedingssection10-3-546. Reopening liquidationsection10-3-547. Disposition of records during and after termination of liquidationsection10-3-548. External audit of receiver's bookssection10-3-549. Conservation of property of foreign or alien insurers found in this statesection10-3-550. Liquidation of property of foreign or alien insurers found in this statesection10-3-551. Domiciliary liquidators in other statessection10-3-552. Ancillary formal proceedingssection10-3-553. Ancillary summary proceedingssection10-3-554. Claims of nonresidents against insurers domiciled in this statesection10-3-555. Claims of residents against insurers domiciled in reciprocal statessection10-3-556. Attachment, garnishment, and levy of executionsection10-3-557. Interstate prioritiessection10-3-558. Subordination of claims for noncooperationsection10-3-559. Severabilitysection10-3-601. Short titlesection10-3-602. Exchange of securitiessection10-3-603. Acquiring corporation - definitionsection10-3-604. Procedure for exchangesection10-3-605. Filing plan of exchangesection10-3-606. Effect of exchangesection10-3-607. Authorized insurance business and regulatory authoritysection10-3-608. Domestic company and acquiring corporation separate and distinct entitiessection10-3-609. Examinationsection10-3-610. Application of this part 6section10-3-701. Purposesection10-3-702. Credit allowed to a domestic ceding insurer - rules - definitionssection10-3-703. Asset or reduction from liability for reinsurance ceded by a domestic insurer to an assuming insurer not meeting the requirements of section 10-3-702section10-3-704. Qualified United States financial institutionssection10-3-705. Rulessection10-3-706. Reinsurance agreements affectedsection10-3-801. Definitionssection10-3-802. Subsidiaries of insurerssection10-3-803. Acquisition of control of or merger with domestic insurer - definitionssection10-3-803.5. Acquisitions involving insurers not otherwise covered - definitionssection10-3-804. Registration of insurers - rules - group capital calculation - liquidity stress test - exemptionssection10-3-805. Standards and management of an insurer within an insurance holding company system - rulessection10-3-806. Examinationsection10-3-807. Supervisory collegessection10-3-807.5. Group-wide supervision of internationally active insurance groups - information collection - cooperation - rulessection10-3-808. Confidential treatmentsection10-3-809. Rulessection10-3-810. Injunctions - prohibitions against voting securities - sequestration of voting securitiessection10-3-811. Criminal proceedings - civil penalties - definitionsection10-3-812. Receivershipsection10-3-813. Revocation, suspension, or nonrenewal of insurer's licensesection10-3-814. Judicial review - mandamussection10-3-815. Recovery of distributions or paymentssection10-3-816. Conflict with other lawssection10-3-901. Short titlesection10-3-902. Legislative declarationsection10-3-903. Definition of transacting insurance businesssection10-3-903.5. Jurisdiction over providers of health-care benefits - rulessection10-3-904. Commissioner may enjoin unauthorized companysection10-3-904.5. Emergency cease-and-desist orders - issuance - rules - definitionsection10-3-904.6. Emergency cease-and-desist orders - hearings - judicial review - violationssection10-3-904.7. Failure to pay penalties or restitutionsection10-3-905. Service of process upon unauthorized companysection10-3-906. Validity of insurance contracts - liability under insurance contractsection10-3-907. Investigation and disclosure of insurance contractssection10-3-908. Reporting of unauthorized insurancesection10-3-909. Unauthorized insurance premium taxsection10-3-910. Application of this part 9section10-3-1001. Short titlesection10-3-1002. Legislative declarationsection10-3-1003. Service of process upon unauthorized insurersection10-3-1004. Defense of action by unauthorized insurersection10-3-1005. Attorney feessection10-3-1101. Legislative declarationsection10-3-1102. Definitionssection10-3-1103. Unfair methods of competition - unfair or deceptive acts or practices - prohibitedsection10-3-1104. Unfair methods of competition - unfair or deceptive practicessection10-3-1104.5. HIV testing - legislative declaration - definitions - requirements for testing - limitations on disclosure of test results - penaltysection10-3-1104.6. Genetic information - limitations on disclosure of information - liability - definitions - legislative declarationsection10-3-1104.7. Genetic testing - legislative declaration - definitions - limitations on disclosure of information - liabilitysection10-3-1104.8. Domestic abuse discrimination - prohibitedsection10-3-1104.9. Insurers' use of external consumer data and information sources, algorithms, and predictive models - unfair discrimination prohibited - rules - stakeholder process required - investigations - definitions - repealsection10-3-1105. Favored agent or insurer - coercion of debtorssection10-3-1106. Power of commissionersection10-3-1107. Hearingssection10-3-1108. Orderssection10-3-1109. Penalty for violation of cease-and-desist orderssection10-3-1110. Rulessection10-3-1111. Provisions of part 11 additional to existing lawsection10-3-1112. Immunity from prosecutionsection10-3-1113. Information to trier of fact in civil actionssection10-3-1114. Construction of part 11section10-3-1115. Improper denial of claims - prohibited - definitions - severabilitysection10-3-1116. Remedies for unreasonable delay or denial of benefits - required contract provision - frivolous actions - severability - definition - rulessection10-3-1117. Required disclosures - liability - definitionsection10-3-1118. Failure-to-cooperate defensesection10-3-1119. Policy documents - language consistent with advertisement for product - definitionssection10-3-1201. Legislative declarationsection10-3-1202. Definitionssection10-3-1203. Book-entry systemsection10-3-1301. Short titlesection10-3-1302. Legislative declarationsection10-3-1303. Definitionssection10-3-1304. Identification of partssection10-3-1305. Disclosuresection10-3-1306. Unfair and deceptive actssection10-3-1307. Liabilitysection10-3-1401. Short titlesection10-3-1402. Purposesection10-3-1403. Authority of commissionersection10-3-1501. Purpose and scope - applicability - legislative declarationsection10-3-1502. Definitionssection10-3-1503. Risk management frameworksection10-3-1504. ORSA requirementsection10-3-1505. ORSA summary reportsection10-3-1506. Exemptionsection10-3-1507. Contents of ORSA summary reportsection10-3-1508. Confidentialitysection10-3-1509. Sanctionssection10-3-1510. Rulessection10-3-1511. Effective datesection10-3-1601. Purpose and scope - applicability - legislative declarationsection10-3-1602. Definitionssection10-3-1603. Disclosure requirementsection10-3-1604. Contents of corporate governance annual disclosure - rulessection10-3-1605. Confidentialitysection10-3-1606. Retention of third-party consultants - information sharingsection10-3-1607. Sanctionssection10-3-1608. Rulessection10-3-1701. Definitionssection10-3-1702. Plan of division - general requirementssection10-3-1703. Plan of division - dividing insurer to survive divisionsection10-3-1704. Plan of division - dividing insurer to not survive divisionsection10-3-1705. Amending plan of divisionsection10-3-1706. Abandoning plan of divisionsection10-3-1707. Approval of plan of division - articles of incorporation and bylawssection10-3-1708. Commissioner approval of plan of divisionsection10-3-1709. Confidentiality - recordssection10-3-1710. Certificate of divisionsection10-3-1711. After division is effectivesection10-3-1712. Resulting insurers' liability for allocated assets and debtssection10-3-1713. Shareholder appraisal rightssection10-3-1714. Rulessection10-3-1715. Enforcement by commissionersection10-3-1716. Merger or consolidation effective with division
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://leg.colorado.gov/sites/default/files/images/olls/crs2024-title-10.docxFetched: 10/6/2026