Colorado Statutes

§ 10-3-304 — Depositaries - responsibility

Colorado § 10-3-304
JurisdictionColorado
Title 10Insurance
Art.Regulation of Insurance Companies

This text of Colorado § 10-3-304 (Depositaries - responsibility) 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. § 10-3-304 (2026).

Text

Upon request of the insurer, the commissioner may designate any solvent trust company or other solvent financial institution having trust powers domiciled in this state as the commissioner's depositary to receive and hold any such deposit. Any such deposit so held shall be at the expense of the insurer. The state of Colorado shall be responsible for the safekeeping and return of all funds and securities deposited pursuant to this part 3 with the commissioner or in any such depositary so designated by him.

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Legislative History

Source: L. 53: p. 361, � 4. CRS 53: � 72-16-4. C.R.S. 1963: � 72-15-4.

Nearby Sections

15
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Bluebook (online)
Colorado § 10-3-304, Counsel Stack Legal Research, https://law.counselstack.com/statute/co/10/10-3-304.