Colorado Statutes
§ 10-10-113 — Existing insurance - choice of insurer
When credit insurance is
required as additional security for any indebtedness, the debtor shall, upon request
to the creditor, have the option of furnishing the required amount of insurance
through existing policies of insurance owned or controlled by him or of procuring
and furnishing the required coverage through any insurer authorized to transact an
insurance business within this state.
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Legislative History
Source: L. 69: p. 541, � 13. C.R.S. 1963: � 72-28-13. L. 92: Entire section
amended, p. 1572, � 92, 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 states