Colorado § 10-14-704 Penalties

Colorado Statutes

§ 10-14-704 — Penalties

Colorado·Title 10 Insurance·Art. Fraternal Benefit Societies

(1)Any person, officer, member, or examining physician of any society authorized to do business under this article 14 who knowingly or willfully makes any false or fraudulent statement or representation in or with reference to any application for membership, or for the purpose of obtaining money from or benefit in any society transacting business under this article 14 commits a petty offense.

(2)Any person who willfully makes a false statement of any material fact or thing in a sworn statement as to the death or disability of a certificate holder in any such society for the purpose of procuring payment of a benefit named in the certificate of such holder and any person who willfully makes any false statement in any verified report or declaration under oath required or authorize

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(1) Any person, officer, member, or examining
physician of any society authorized to do business under this article 14 who
knowingly or willfully makes any false or fraudulent statement or representation in
or with reference to any application for membership, or for the purpose of obtaining
money from or benefit in any society transacting business under this article 14
commits a petty offense.

(2) Any person who willfully makes a false statement of any material fact or
thing in a sworn statement as to the death or disability of a certificate holder in any
such society for the purpose of procuring payment of a benefit named in the
certificate of such holder and any person who willfully makes any false statement
in any verified report or declaration under oath required or authorized by this article
is guilty of perjury in the second degree.

(3) Any person who solicits membership for, or in any manner assists in
procuring membership in, any fraternal benefit society not licensed to do business
in this state, or who solicits membership for, or in any manner assists in procuring
membership in, any such society not authorized as provided in this article to do
business in this state as defined in this article is guilty of a misdemeanor and, upon
conviction thereof, shall be punished by a fine of not less than one hundred dollars
nor more than five hundred dollars.

(4) Any society, or any officer, agent, or employee thereof neglecting or
refusing to comply with, or violating any of the provisions of this article, the penalty
for which neglect, refusal, or violation is not specified in this section, is guilty of a
misdemeanor, and upon conviction thereof, shall be punished by a fine of not more
than two thousand dollars.

Colorado § 10-14-704 (Penalties) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Source: L. 93: Entire article amended with relocations, p. 608, � 1, effective July 1. L. 2021: (1) amended, (SB 21-271), ch. 462, p. 3148, � 116, effective March 1, 2022.