Colorado Statutes
§ 10-4-1401 — Legislative declaration
Colorado § 10-4-1401
This text of Colorado § 10-4-1401 (Legislative declaration) 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. § 10-4-1401 (2026).
Text
The general assembly declares that the
health, welfare, and safety of the people of the state of Colorado may not be
enhanced by the regulation of insurance between sophisticated commercial entities
and insurers. The general assembly finds that there are commercial entities that
utilize personnel trained in risk management, insurance coverage issues, and
insurance industry knowledge who are capable of negotiating and entering into
insurance coverage agreements without the need for state regulation in this area.
Therefore, the purpose of this part 14 is to exempt insurers negotiating with and
insuring sophisticated commercial entities from rate filing and form certification
requirements. This exemption will allow competitive underwriting and rating of
policies.
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Legislative History
Source: L. 99: Entire part added, p. 384, � 1, effective January 15, 2000.
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 statesCite This Page — Counsel Stack
Bluebook (online)
Colorado § 10-4-1401, Counsel Stack Legal Research, https://law.counselstack.com/statute/co/10/10-4-1401.