Colorado Statutes
§ 10-3-232 — Liens for certain purposes permitted
For the purposes of section
10-3-216, the existence of any lien existing by law, for the payment of any bonds,
indebtedness, or assessments of, or created by a levy of, any special improvement
district, any tunnel district, any conservation district, any irrigation district, any
other district or territory, any municipality or quasi-municipality, or any state in
which any real estate is situated, or by the United States, shall not prevent
mortgages, trust deeds, or other encumbrances upon such real estate, if otherwise
first liens, from being admitted assets of domestic insurance companies, if the
property securing such mortgage, deed of trust, or other encumbrance is not
delinquent in the payment of any installment or interest upon any such bonds,
indebtedness, or assessments at
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Legislative History
Source: L. 69: p. 498, � 5. C.R.S. 1963: � 72-2-39.
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