Colorado Statutes
§ 10-1-114 — Sale of premium notes prohibited
It is unlawful for any insurance
company or any agent thereof who has accepted a premium note in payment for a
policy of insurance to hypothecate, sell, assign, dispose of, or attempt to collect
said note prior to the delivery of said insurance policy to the applicant.
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Colorado § 10-1-114 (Sale of premium notes prohibited) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Source: L. 2003: Entire article RC&RE, p. 598, � 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