Colorado § 10-2-503 Commissioner as agent for service of process

Colorado Statutes

§ 10-2-503 — Commissioner as agent for service of process

Colorado·Title 10 Insurance·Art. Licenses

(1)By the filing of the application and issuance of a nonresident insurance producer license, a nonresident insurance producer licensee shall be deemed to have appointed the commissioner and successors in office as said nonresident's agent upon whom all lawful process in any legal proceeding against the nonresident may be served and to have agreed that any such lawful process has the same legal force and validity as personal service of process upon such nonresident.

(2)The commissioner shall, within ten working days after receiving three copies of the process served, forward a copy of such process by registered or certified mail to the person for whom the commissioner has received such process at the nonresident individual's address of record, or, if the nonresident is an insu

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(1) By the filing of
the application and issuance of a nonresident insurance producer license, a
nonresident insurance producer licensee shall be deemed to have appointed the
commissioner and successors in office as said nonresident's agent upon whom all
lawful process in any legal proceeding against the nonresident may be served and
to have agreed that any such lawful process has the same legal force and validity
as personal service of process upon such nonresident.

(2) The commissioner shall, within ten working days after receiving three
copies of the process served, forward a copy of such process by registered or
certified mail to the person for whom the commissioner has received such process
at the nonresident individual's address of record, or, if the nonresident is an
insurance agency, at the agency's principal place of business. The commissioner
shall keep a record of all process so served.

(3) Service of process upon any such licensee in any action or proceeding
instituted by the commissioner under this section shall be made by the
commissioner by mailing such process by registered mail to an individual licensee
at the licensee's last-known address of record or to an insurance agency licensee at
its principal place of business.

Colorado § 10-2-503 (Commissioner as agent for service of process) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Source: L. 93: Entire article R&RE, p. 1367, � 1, effective January 1, 1995. L. 98: (2) amended, p. 1325, � 25, effective June 1. L. 2001: (2) amended, p. 1208, � 25, effective January 1, 2002.