Colorado § 10-4-1505 Suspension or revocation of license

Colorado Statutes

§ 10-4-1505 — Suspension or revocation of license

Colorado § 10-4-1505

Title 10Insurance

Art.Property and Casualty Insurance

This text of Colorado § 10-4-1505 (Suspension or revocation of license) 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. § 10-4-1505 (2026).

Text

(1)If a vendor of portable electronics or its employee or authorized representative violates this part 15, the commissioner may take disciplinary action against the vendor in accordance with part 8 of article 2 of this title. A fine imposed as disciplinary action shall not exceed five thousand dollars in the aggregate for multiple violations arising from the same or similar conduct.

(2)In addition to other penalties authorized by part 8 of article 2 of this title, the commissioner may:

(a)Suspend the privilege of transacting portable electronics insurance pursuant to this part 15 at specific business locations where violations have occurred; and

(b)Suspend or revoke the ability of individual employees or authorized representatives to act under the license.

Free access — add to your briefcase to read the full text and ask questions with AI

(1) If a vendor of portable
electronics or its employee or authorized representative violates this part 15, the
commissioner may take disciplinary action against the vendor in accordance with
part 8 of article 2 of this title. A fine imposed as disciplinary action shall not exceed
five thousand dollars in the aggregate for multiple violations arising from the same
or similar conduct.

(2) In addition to other penalties authorized by part 8 of article 2 of this title,
the commissioner may:

(a) Suspend the privilege of transacting portable electronics insurance
pursuant to this part 15 at specific business locations where violations have
occurred; and

(b) Suspend or revoke the ability of individual employees or authorized
representatives to act under the license.