Colorado Statutes
§ 10-12-108 — Mutual insurance companies - corporation policyholders
Colorado § 10-12-108
This text of Colorado § 10-12-108 (Mutual insurance companies - corporation policyholders) 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. § 10-12-108 (2026).
Text
Any
public or private corporation, board, or association in this state or elsewhere may
make applications and enter into agreements for and hold policies in any domestic
or foreign mutual insurance company. Any officer, stockholder, trustee, or legal
representative of any such corporation, board, or association or any estate may be
recognized as acting for or on its behalf for the purpose of such membership but
shall not be personally liable upon such contract of insurance by reason of acting in
such representative capacity. The right of any corporation organized under the laws
of this state to participate as a member of any such mutual insurance company is
declared to be incidental to the purpose for which such corporation is organized
and as much granted as the rights and power
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Legislative History
Source: L. 21: p. 465, � 8. C.L. � 2564. CSA: C. 87, � 134. CRS 53: � 72-5-8. L.
55: p. 457, � 1. C.R.S. 1963: � 72-5-8.
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 § 10-12-108, Counsel Stack Legal Research, https://law.counselstack.com/statute/co/10/10-12-108.