Colorado Statutes
§ 10-3-302 — Deposits required - when
Colorado § 10-3-302
This text of Colorado § 10-3-302 (Deposits required - when) 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. § 10-3-302 (2026).
Text
No foreign or alien insurer authorized
to transact business in this state, except a life insurance company, shall do such
business unless it deposits and continuously maintains with the commissioner, or
with an official of some other state of the United States designated by law to
accept such deposit, cash, or securities having a fair market value of not less than
the amounts required to be deposited for such insurers by the statutes of the state
of Colorado. Such deposit shall be held for the benefit and protection of all the
policyholders of such insurer in the United States. If the deposit is made with an
official of some other state, the commissioner shall be furnished with and shall
accept as evidence of deposit the certificate of such state officer under his hand
and seal c
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Legislative History
Source: L. 53: p. 361, � 2. CRS 53: � 72-16-2. L. 57: p. 466, � 1. C.R.S. 1963: �
72-15-2. L. 69: p. 500, � 7.
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 statesCite This Page — Counsel Stack
Bluebook (online)
Colorado § 10-3-302, Counsel Stack Legal Research, https://law.counselstack.com/statute/co/10/10-3-302.