Colorado § 10-4-1203 Disclosure

Colorado Statutes

§ 10-4-1203 — Disclosure

Colorado·Title 10 Insurance·Art. Property and Casualty Insurance

The producer, prior to the effective date of the
policy, shall deliver written notice to the prospective insured disclosing the
relationship between the producer and the controlled insurer; except that, if the
business is placed through a subproducer who is not a controlling producer, the
controlling producer shall retain, as part of the controlling producer's records, a
signed commitment from the subproducer that the subproducer is aware of the
relationship between the insurer and the producer and that the subproducer has
notified or will notify the insured.

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The producer, prior to the effective date of the
policy, shall deliver written notice to the prospective insured disclosing the
relationship between the producer and the controlled insurer; except that, if the
business is placed through a subproducer who is not a controlling producer, the
controlling producer shall retain, as part of the controlling producer's records, a
signed commitment from the subproducer that the subproducer is aware of the
relationship between the insurer and the producer and that the subproducer has
notified or will notify the insured.

Colorado § 10-4-1203 (Disclosure) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.