Insurance expense not computed as cost of loan

C.R.S. § 10-10-117
in effect
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10-10-117. Insurance expense not computed as cost of loan. In connection with insurance which is permitted under this article, the premium and any gain or advantage to the creditor, or to any employee, affiliate, or associate of the creditor, from such insurance or its sale shall not be deemed to be an additional or further interest, discount, or charge, and the creditor may receive commissions on the premium paid for such insurance if the creditor or an employee of the creditor is a duly licensed insurance broker or agent under the insurance laws of the state of Colorado.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://leg.colorado.gov/sites/default/files/images/olls/crs2024-title-10.docx#10-10-117Fetched: 10/6/2026
C.R.S. § 10-10-117 — Insurance expense not computed as cost of loan | Colorado Revised Statutes (2024 edition) | Corpus