Colorado Statutes
§ 10-4-1304 — Board of directors - authority
(1)The association shall be
governed by a board of six directors, to be appointed by the commissioner. Such
directors shall be individuals employed full-time in the business of writing workers'
compensation insurance in Colorado, at least one shall be employed by Pinnacol
Assurance, at least one shall be actively engaged in operations in a small
underground mine, and at least one shall be actively engaged in operations in a
large underground mine. The board shall elect a chairperson from among its
members.
(2)The board shall have the authority to take all lawful actions necessary to
implement this part 13, including, but not limited to, issuing policies as named
insurer.
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Legislative History
Source: L. 95: Entire part added, p. 732, � 1, effective May 23. L. 2002: (1)
amended, p. 1891, � 51, 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