Colorado § 10-3-104 Unauthorized companies - penalties

Colorado Statutes

§ 10-3-104 — Unauthorized companies - penalties

Colorado § 10-3-104

Title 10Insurance

Art.Regulation of Insurance Companies

This text of Colorado § 10-3-104 (Unauthorized companies - penalties) 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. § 10-3-104 (2026).

Text

Except for reinsurance by an
authorized insurer or insurance effected pursuant to the provisions of article 5 or
article 15 of this title 10, it is unlawful for any person, company, or corporation in
this state to procure, receive, or forward applications for insurance in, or to issue or
to deliver policies for, any company not legally authorized to do business in this
state, as provided in this title 10 and article 14 of title 24. Any person violating the
provisions of this section commits a class 2 misdemeanor and shall be punished as
provided in section 18-1.3-501.

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Except for reinsurance by an
authorized insurer or insurance effected pursuant to the provisions of article 5 or
article 15 of this title 10, it is unlawful for any person, company, or corporation in
this state to procure, receive, or forward applications for insurance in, or to issue or
to deliver policies for, any company not legally authorized to do business in this
state, as provided in this title 10 and article 14 of title 24. Any person violating the
provisions of this section commits a class 2 misdemeanor and shall be punished as
provided in section 18-1.3-501.

Legislative History

Source: L. 13: p. 334, � 20. C.L. � 2490. CSA: C. 87, � 18. L. 49: p. 472, � 17. CRS 53: � 72-1-16. C.R.S. 1963: � 72-1-16. L. 92: Entire section amended, p. 1536, � 24, effective May 20. L. 2003: Entire section amended, p. 849, � 1, effective July 1. L. 2006: Entire section amended, p. 1490, � 9, effective June 1. L. 2012: Entire section amended, (HB 12-1266), ch. 280, p. 1502, � 20, effective July 1. L. 2021: Entire section amended, (SB 21-271), ch. 462, p. 3147, � 110, effective March 1, 2022.