Colorado Statutes

§ 10-4-119 — Monthly and electronic payment of premiums

Colorado § 10-4-119
JurisdictionColorado
Title 10Insurance
Art.Property and Casualty Insurance

This text of Colorado § 10-4-119 (Monthly and electronic payment of premiums) 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. § 10-4-119 (2026).

Text

An insurer offering personal lines of property and casualty insurance shall offer each policyholder the option to pay his or her insurance premiums monthly and to make premium payments by automatic electronic transfer. The insurer shall not be required to offer such payment options if an applicant or policyholder has previously made one or more premium payments that were dishonored because the account closed, the account had insufficient funds, or for any other similar reason for nonpayment.

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Legislative History

Source: L. 2005: Entire section added, p. 345, � 1, effective December 31.

Nearby Sections

15
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Bluebook (online)
Colorado § 10-4-119, Counsel Stack Legal Research, https://law.counselstack.com/statute/co/10/10-4-119.