Colorado Statutes
§ 10-3-813 — Revocation, suspension, or nonrenewal of insurer's license
Whenever it appears to the commissioner that a person has committed a violation
of this part 8 that makes the continued operation of an insurer contrary to the
interests of policyholders or the public, the commissioner may, after giving notice
and an opportunity to be heard, suspend, revoke, or refuse to renew the insurer's
license or authority to do business in this state for such period as the commissioner
finds is required for the protection of policyholders or the public. The determination
must be accompanied by specific findings of fact and conclusions of law.
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Legislative History
Source: L. 2014: Entire part R&RE, (SB 14-152), ch. 312, p. 1352, � 2, effective
July 1.
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 states