Colorado § 10-13-108 Annual financial report

Colorado Statutes

§ 10-13-108 — Annual financial report

Colorado·Title 10 Insurance·Art. Interinsurance

(1)Such attorney shall make a sworn annual report to the commissioner of the business of the preceding year ending December thirty-first, on or before the first day of March succeeding, showing that the financial condition of affairs at the office where such contracts are issued is in accordance with the standard of solvency, and shall furnish such additional information and reports as may be required to show the total premiums or deposits collected, the total losses paid, the total amounts returned to subscribers, and the amounts retained for expenses and subject to taxation. Such attorney shall not be required to furnish the names and addresses of any subscribers, except for purposes of verifying by the commissioner the reports furnished under section 10-13-105. These names and

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(1) Such attorney shall make a sworn
annual report to the commissioner of the business of the preceding year ending
December thirty-first, on or before the first day of March succeeding, showing that
the financial condition of affairs at the office where such contracts are issued is in
accordance with the standard of solvency, and shall furnish such additional
information and reports as may be required to show the total premiums or deposits
collected, the total losses paid, the total amounts returned to subscribers, and the
amounts retained for expenses and subject to taxation. Such attorney shall not be
required to furnish the names and addresses of any subscribers, except for
purposes of verifying by the commissioner the reports furnished under section 10-13-105. These names and addresses are not to be filed or to become any part of the
public records. The report shall be on a form prescribed by the commissioner.

(2) The business affairs and assets of any reciprocal or interinsurance
exchange or attorney's office shall be subject to examination by the commissioner.

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