Colorado Statutes
§ 10-1-107 — Personal fees prohibited
Neither the commissioner nor any of the
commissioner's employees shall be directly or indirectly employed by any insurance
company, association, or society, in any capacity, or be directly or indirectly
interested in any such insurance corporation, except as a policyholder; nor shall
they or any of them charge any such insurance corporation or official any fee or
take any valuable thing in payment for any service or otherwise, unless payment for
such service is specifically authorized by law. The penalty for violation of this
section shall be removal from office.
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Legislative History
Source: L. 2003: Entire article RC&RE, p. 592, � 1, effective July 1.
Nearby Sections
15
§ 10-1-101
Legislative declaration§ 10-1-102
Definitions§ 10-1-105
Actuary§ 10-1-107
Personal fees prohibited§ 10-1-109
Rules of commissioner§ 10-1-111
Invoking aid of courts§ 10-1-113
No seal required on policies§ 10-1-114
Sale of premium notes prohibited§ 10-1-115
Penalty§ 10-1-116
Defamation of other companies - penalty§ 10-1-117
Company unauthorized in other states