Colorado § 10-3-238 Refunds

Colorado Statutes

§ 10-3-238 — Refunds

Colorado § 10-3-238

Title 10Insurance

Art.Regulation of Insurance Companies

This text of Colorado § 10-3-238 (Refunds) 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. § 10-3-238 (2026).

Text

Whenever it appears to the satisfaction of the
commissioner that, because of some mistake of fact, error in calculation, or
erroneous interpretation of a statute of this or any other state, any insurer or other
person engaged in the business of insurance in this state has paid to the
commissioner or to the state of Colorado, pursuant to any provision of this title
(except article 15) and article 14 of title 24, C.R.S., any taxes, fees, or other charges
in excess of the amount legally chargeable against said insurer or other person
during the one-year period immediately preceding the discovery of such
overpayment, the commissioner has the authority to refund to such insurer or other
person the amount of such excess by applying the amount thereof toward the
payment of taxes, fees, 

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Whenever it appears to the satisfaction of the
commissioner that, because of some mistake of fact, error in calculation, or
erroneous interpretation of a statute of this or any other state, any insurer or other
person engaged in the business of insurance in this state has paid to the
commissioner or to the state of Colorado, pursuant to any provision of this title
(except article 15) and article 14 of title 24, C.R.S., any taxes, fees, or other charges
in excess of the amount legally chargeable against said insurer or other person
during the one-year period immediately preceding the discovery of such
overpayment, the commissioner has the authority to refund to such insurer or other
person the amount of such excess by applying the amount thereof toward the
payment of taxes, fees, or other charges already due, or that may thereafter
become due, from such insurer or other person until such excess has been fully
refunded; or, at the commissioner's discretion, the commissioner may make a cash
refund thereof.

Legislative History

Source: L. 71: p. 704, � 1. C.R.S. 1963: � 72-1-63. L. 92: Entire section amended, p. 1551, � 46, effective May 20. L. 2004: Entire section amended, p. 902, � 20, effective May 21. L. 2012: Entire section amended, (HB 12-1266), ch. 280, p. 1507, � 35, effective July 1.