Colorado Statutes
§ 10-2-605 — Misleading advertising
(1)No financial institution, or any
subsidiary, affiliate, or employee of a financial institution, may issue advertising
that would lead a reasonable person to believe that the state of Colorado or the
federal government:
(a)Is responsible for insurance sales activities of the financial institution or
any subsidiary, affiliate, or employee thereof;
(b)Guarantees any return on insurance products or is a source of payment of
any insurance obligations sold by the financial institution or any subsidiary, affiliate,
or employee thereof.
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Legislative History
Source: L. 97: Entire section added, p. 430, � 4, effective April 24.
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 states