Colorado Statutes
§ 10-16-506 — Reserve requirement - exception
Colorado § 10-16-506
This text of Colorado § 10-16-506 (Reserve requirement - exception) 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. § 10-16-506 (2026).
Text
(1)A prepaid dental care plan
organization formed under part 1 of this article and this part 5 at all times shall
maintain for protection of enrollees a financial reserve consisting of two percent of
prepaid charges collected from enrollees for the plan, until such reserve totals five
hundred thousand dollars. Such reserve shall be in addition to the deposit
prescribed by section 10-16-505.
(2)The reserve prescribed by subsection (1) of this section shall not apply
with respect to a prepaid dental care plan organization which is funded by a federal,
state, or municipal government or by any political subdivision thereof and which
meets the requirements of section 10-16-505 (5).
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Legislative History
Source: L. 92: Entire article R&RE, p. 1718, � 1, effective July 1.
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 § 10-16-506, Counsel Stack Legal Research, https://law.counselstack.com/statute/co/10/10-16-506.