Colorado Statutes

§ 10-3-306 — Release of deposits

Colorado § 10-3-306
JurisdictionColorado
Title 10Insurance
Art.Regulation of Insurance Companies

This text of Colorado § 10-3-306 (Release of deposits) 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. § 10-3-306 (2026).

Text

(1)Any deposit made in this state under this part 3 shall be released and returned:
(a)To the insurer upon extinguishment by reinsurance or otherwise of all liability of the insurer for the security of which the deposit is held; or
(b)To the insurer to the extent such deposit is in excess of the amount required; or
(c)Upon proper order of a court of competent jurisdiction to the receiver, conservator, rehabilitator, liquidator of the insurer, or any other properly designated official who succeeds to the management and control of the insurer's assets.

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Legislative History

Source: L. 53: p. 362, � 6. CRS 53: � 72-16-6. C.R.S. 1963: � 72-15-6.

Nearby Sections

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Bluebook (online)
Colorado § 10-3-306, Counsel Stack Legal Research, https://law.counselstack.com/statute/co/10/10-3-306.