Colorado Statutes
§ 10-3-908 — Reporting of unauthorized insurance
(1)Every person
investigating or adjusting any loss or claim on a subject of insurance in this state
shall immediately report to the commissioner every insurance policy or contract
which has been entered into by any insurer not authorized to transact such
insurance business in this state.
(2)Every person acting in the capacity of insurance adviser, counselor, or
analyst shall report to the commissioner every insurance policy or contract
covering a subject of insurance in this state which has been entered into by an
insurer not authorized to transact such insurance business in this state.
(3)This section does not apply to transactions in this state involving a policy
lawfully solicited, written, and delivered outside of this state covering only subjects
of insurance not reside
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Legislative History
Source: L. 67: p. 871, � 7. C.R.S. 1963: � 72-25-7.
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
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