Colorado Statutes

§ 10-3-1716 — Merger or consolidation effective with division

Colorado § 10-3-1716
JurisdictionColorado
Title 10Insurance
Art.Regulation of Insurance Companies

This text of Colorado § 10-3-1716 (Merger or consolidation effective with division) 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. § 10-3-1716 (2026).

Text

(1)To facilitate the merger or consolidation of any resulting insurer with and into another company simultaneously with the effectiveness of a division authorized by this part 17, a dividing insurer, including its officers, directors, and shareholders, may:
(a)Adopt and execute a plan of merger or consolidation on behalf of a resulting insurer;
(b)Execute and deliver documents, plans, certificates, and resolutions; and
(c)Make any filings, in each case, on behalf of the resulting insurer.
(2)If so provided in a plan of merger or consolidation described in this section, the merger or consolidation is effective simultaneously with the effectiveness of a division authorized by this part 17.
(3)On request of the dividing insurer, the commissioner may waive the other requireme

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Legislative History

Source: L. 2021: Entire part added, (HB 21-1013), ch. 144, p. 855, � 1, effective September 7.

Nearby Sections

15
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Bluebook (online)
Colorado § 10-3-1716, Counsel Stack Legal Research, https://law.counselstack.com/statute/co/10/10-3-1716.