Colorado Statutes

§ 10-10-117 — Insurance expense not computed as cost of loan

Colorado § 10-10-117
JurisdictionColorado
Title 10Insurance
Art.Credit Insurance

This text of Colorado § 10-10-117 (Insurance expense not computed as cost of loan) 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. § 10-10-117 (2026).

Text

In connection with insurance which is permitted under this article, the premium and any gain or advantage to the creditor, or to any employee, affiliate, or associate of the creditor, from such insurance or its sale shall not be deemed to be an additional or further interest, discount, or charge, and the creditor may receive commissions on the premium paid for such insurance if the creditor or an employee of the creditor is a duly licensed insurance broker or agent under the insurance laws of the state of Colorado.

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Legislative History

Source: L. 69: p. 541, � 17. C.R.S. 1963: � 72-28-17.

Nearby Sections

15
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Bluebook (online)
Colorado § 10-10-117, Counsel Stack Legal Research, https://law.counselstack.com/statute/co/10/10-10-117.