Colorado § 10-3-220 Real estate for production of income - definition

Colorado Statutes

§ 10-3-220 — Real estate for production of income - definition

Colorado § 10-3-220

Title 10Insurance

Art.Regulation of Insurance Companies

This text of Colorado § 10-3-220 (Real estate for production of income - definition) 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. § 10-3-220 (2026).

Text

(1)A domestic insurance company may invest in real estate for the production of income, subject to the following provisions:

(a)The aggregate investments by a company which may be admitted assets under this section shall not exceed ten percent of the company's admitted assets.

(b)The investment in any single parcel of real estate which may be an admitted asset under this section shall not exceed five percent of the company's admitted assets.

(c)Real estate qualifying as an admitted asset under section 10-3-218 or 10-3-219 may, at the option of the company, be an admitted asset under this section if such real estate is otherwise eligible under the provisions of this section.

(2)(a) Real estate, as used in this section, means real property; interests in real property, such as

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(1) A domestic
insurance company may invest in real estate for the production of income, subject
to the following provisions:

(a) The aggregate investments by a company which may be admitted assets
under this section shall not exceed ten percent of the company's admitted assets.

(b) The investment in any single parcel of real estate which may be an
admitted asset under this section shall not exceed five percent of the company's
admitted assets.

(c) Real estate qualifying as an admitted asset under section 10-3-218 or 10-3-219 may, at the option of the company, be an admitted asset under this section if
such real estate is otherwise eligible under the provisions of this section.

(2) (a) Real estate, as used in this section, means real property; interests in
real property, such as leaseholds; minerals and oil and gas that have not been
severed from the fee interest; and improvements and fixtures located on or in real
property.

(b) Real estate does not include mineral estates that have been severed
from the fee interest.

Legislative History

Source: L. 69: p. 494, � 5. C.R.S. 1963: � 72-2-26. L. 2001: (2) amended, p. 281, � 4, effective March 30. L. 2020: (2) amended, (HB 20-1136), ch. 87, p. 350, � 3, effective September 14.