Colorado Statutes
§ 10-10-106 — Amount of credit insurance
Colorado § 10-10-106
This text of Colorado § 10-10-106 (Amount of credit insurance) is published on Counsel Stack Legal Research, covering Colorado primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Colo. Rev. Stat. § 10-10-106 (2026).
Text
(1)The initial amount of credit
insurance shall not exceed the total amount repayable under the contract of
indebtedness and, where an indebtedness is repayable in substantially equal
installments, the amount of insurance shall at no time exceed the scheduled or
actual amount of unpaid indebtedness, whichever is greater.
(2)Notwithstanding the provisions of subsection (1) of this section, insurance
on agricultural credit transaction commitments, not exceeding one year in duration,
may be written up to the amount of the loan commitment on a nondecreasing or
level term plan.
(3)Notwithstanding any other provision of this section, insurance on
educational credit transaction commitments may be written for the amount of the
portion of such commitment that has not been advanced by
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Legislative History
Source: L. 69: p. 537, � 6. C.R.S. 1963: � 72-28-6. L. 92: (1) amended, p. 1570,
� 86, effective May 20.
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 statesCite This Page — Counsel Stack
Bluebook (online)
Colorado § 10-10-106, Counsel Stack Legal Research, https://law.counselstack.com/statute/co/10/10-10-106.