Colorado Statutes
§ 10-11-115 — Prior investments
Any investment of a title insurance company
lawfully acquired before July 1, 1969, and which but for this section would be
considered ineligible as an investment on such date shall be disposed of within five
years from such date. The commissioner, upon application and proof that forced
sale of any such investment would be contrary to the best interests of the title
insurance company and its policyholders, may extend the period for sale or disposal
of such investment for a further reasonable time, in no event to exceed three years.
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Colorado § 10-11-115 (Prior investments) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Source: L. 69: p. 525, � 1. C.R.S. 1963: � 72-26-15.
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