Colorado § 10-11-118 Title insurance - rules

Colorado Statutes

§ 10-11-118 — Title insurance - rules

Colorado·Title 10 Insurance·Art. Title Insurance

(1)Title insurance rates and fees shall be regulated in the manner provided in part 4 of article 4 of this title.

(2)Prior to the effective date of any new or amended rate or fee, every title insurance company and title insurance agent shall file with the commissioner the new or amended rate or fee, with justification for the new or amended rate or fee. Each filing shall set forth its effective date, which shall be no earlier than thirty days after its receipt by the commissioner. The commissioner may promulgate rules to implement this subsection (2).

(3)No title insurance company or title insurance agent shall use any rate or fee in the business of title insurance prior to its effective date, and no rate or fee increase or decrease shall apply to title policies or services th

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(1) Title insurance rates and fees shall be
regulated in the manner provided in part 4 of article 4 of this title.

(2) Prior to the effective date of any new or amended rate or fee, every title
insurance company and title insurance agent shall file with the commissioner the
new or amended rate or fee, with justification for the new or amended rate or fee.
Each filing shall set forth its effective date, which shall be no earlier than thirty
days after its receipt by the commissioner. The commissioner may promulgate rules
to implement this subsection (2).

(3) No title insurance company or title insurance agent shall use any rate or
fee in the business of title insurance prior to its effective date, and no rate or fee
increase or decrease shall apply to title policies or services that have been
contracted for prior to such effective date. All rates or fees shall be readily
available to the public in each office of the title insurance company or title
insurance agent in the county to which said rates or fees apply.

Colorado § 10-11-118 (Title insurance - rules) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Source: L. 69: p. 526, � 1. C.R.S. 1963: � 72-26-18. L. 79: (1) amended, p. 377, � 14, effective July 1. L. 81: (2) R&RE, p. 562, � 2, effective July 1. L. 2000: Entire section amended, p. 468, � 8, effective August 2. L. 2001: (2)(b) amended, p. 19, � 1, effective March 9. L. 2009: Entire section amended, (HB 09-1155), ch. 22, p. 107, � 1, effective August 5.