Colorado Statutes
§ 10-3-406 — Protest of finding of delinquency
Colorado § 10-3-406
This text of Colorado § 10-3-406 (Protest of finding of delinquency) 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. § 10-3-406 (2026).
Text
In the event the insurance
company protests the determination of delinquency by the commissioner, the
commissioner shall stay his decision to place the insurance company under direct
supervision and shall give the insurance company not less than fifteen days to show
cause, at a hearing conducted by the commissioner, why such a determination
should not be made. In cases of emergency, the commissioner may allow his
determination of delinquency to stand until the insurance company, under the show
cause order or at the hearing, gives sufficient proof that the commissioner's
determination was erroneous.
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Legislative History
Source: L. 69: p. 546, � 3. C.R.S. 1963: � 72-29-6.
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
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Bluebook (online)
Colorado § 10-3-406, Counsel Stack Legal Research, https://law.counselstack.com/statute/co/10/10-3-406.